Maine credit unions are top scholars when it comes to financial literacy in our state. From volunteering and teaching financial literacy in local schools and operating in-school branches to participating in one of the Youth Financial Fitness Fairs coordinated by Maine’s Credit Unions and Maine Credit Union Youth Week, the Maine Credit Union League and Maine’s credit unions continue to educate consumers of all ages.

Maine credit unions are also a valuable resource for helping adults with money management and financial planning. From providing tools to help members better manage their money, to hosting seminars on subjects such as decreasing debt or buying a home, Maine credit unions help Maine people of all ages achieve a secure financial future.

For these leadership efforts, the Maine Credit Union League and Maine’s credit unions were recently presented with their 11th national Desjardins Youth Financial Education Award from the Credit Union National Association.

The prestigious award recognized the League and Maine’s credit unions “for consistently striving to expand financial education learning opportunities to reach new audiences and help more students understand money management and personal finance.”

Financial fitness fairs

Close to 5,000 high school students from 100 Maine high schools participated in one of the more than 25 Financial Fitness — Money Management Experience Fairs coordinated by Maine’s credit unions during the 2012/13 school year. This represents a new record for participation and is an impressive 14 percent increase over the record set for the 2011/12 school year.

For more information about the efforts of Maine’s credit unions towards both youth and adult financial literacy, visit www.mainecul.org and click on the Financial Education and Resources link in the “Community Involvement” section.


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