One of the missions of the League of Southeastern Credit Unions (LSCU) is to teach financial literacy to as many people as possible. Financial literacy empowers people with the information they need, providing answers to every day questions, including:
- Money management
- Credit basics
- Financial goals
- Retirement planning
- Identity theft solutions
- Marriage and merging finances
- Dealing with credit card debt
By using programs like the National Endowment for Financial Education’s High School Financial Planning Program (NEFE), career fairs, seminars and workshops, the LSCU brings easily understandable, free financial education to teachers, students and adults across the Southeast. For information on bringing financial literacy training to your credit union, contact the Cooperative Initiatives department.
Financial Education Task Force
The LSCU has formed a task force made up of individuals from the industry’s thought-leaders, representing credit unions of all sizes from across the state of Florida. The task forces’ goals include:
- Advocating for a bill that requires students to take ½ credit in financial literacy in order to graduate from high school.
- Developing a strategic plan for credit unions to take immediate action when Florida law changes.
- Creating a unified strategic plan for incorporating financial literacy practices into Florida high schools and disseminating the information to all Florida credit unions in an efficient manner.
Looking for a way to help with this effort? Email LSCU Grassroots Coordinator Jordan Burroughs to receive action alerts regarding financial literacy legislation.
Does your credit union offer financial literacy programs?
Be sure to report your financial presentations to youth, ages birth through 22, to the National Youth Involvement Board. Register for free at the NYIB website where you will be able to join a listserv network of more than 400 credit union professionals, have access to free resources, and report your presentations. The data collected is used by credit unions, leagues, and foundations to show the difference that credit unions are making within the communities in which they serve. For more information on the National Youth Involvement Board, contact Cooperative Initiatives.
Credit Union Resources
- National Endowment for Financial Education (NEFE) High School Financial Planning Program
- Filene Research Institute (resource that explores issues vital to the future of credit unions and consumer finance)
- CUNA Member Financial Literacy (includes free newsletter articles)
- CUNA Personal Financial Literacy Publications and Resources
- CUNA Handbooks and Activity Books
- NCUA Financial Education (includes financial education library; CU savings insurance information, financial education links, etc.)
- REAL Solutions (through the National Credit Union Foundation (NCUF))
- Alabama Jump$tart Coalition for Personal Financial Literacy
- Florida Jump$tart Coalition for Personal Financial Literacy
- eXtension Personal Finance (includes articles and resources designed to provide information to help your members improve their lives)
• BIZ KID$
• CUNA’s Thrive by Five (resources for teaching preschoolers about saving and spending)
• National Youth Involvement Board (NYIB) (includes information for youth financial literacy)
• Consumer Jungle (includes modules on learning life skills that today’s youth needs to become responsible, informed consumers)
• CashCourse (NEFE’s site designed specifically to help college age students with financial management)
• College (includes resources about why to go, how to go, and how to pay for college)