The National Credit Union Foundation (NCUF) through its REAL Solutions™ program has released a resource guide for its free online report entitled “Credit Unions: Focused on Financial Capability Across the Nation,” which was released earlier this year. Both the report and new companion piece are the result of an almost yearlong data collection effort by NCUF with the help of state credit union leagues to illustrate how the credit union movement is making a difference through financial education and counseling.
The new resource guide is designed to assist credit unions and others to access resources, information and curriculum already created to help them offer even more financial literacy programs.
“The report was the ‘what’ and the new resource guide is the ‘how’ and ‘where’ for credit unions’” said Lois Kitsch, NCUF National REAL Solutions Program Director. “When using this guide, think of how your credit union can move members to the next level. Financial education is the credit union output, but consumer behavior change that leads to financial security is the desired result.”
This new resource guide is intended to broaden and extend the intervention techniques described in the original report. Each method of financial counseling/education gives examples, additional resources, and further information and tips to help credit unions expand their current education programs or introduce new ones.> Click Here to Download/View the Report & New Resource Guide
NCUF’s report, “Credit Unions: Focused on Financial Capability Across the Nation,” and this new resource guide are among several ongoing projects to assist credit unions with the development, measurement, and implementation of educational programs. NCUF and REAL Solutions plan to continue to gather and publish data about credit unions’ financial education provisions. This data collection and measurement will be used to demonstrate the positive impact credit unions are having on members, consumers and their communities.