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Michigan Credit Union League

Michigan Credit Unions Shine During April’s Financial Literacy Month

Credit unions are dedicated to improving financial health for their members and community all year long and really shine during April, Financial Literacy Month. Michigan credit unions will participate in hundreds of financial education activities across the state this April, helping both youth and adults on the path to a secure financial future. Many of these events are listed in the Michigan Financial Wellness Event Schedule.

The Michigan Credit Union Foundation (MCUF) helps to increase the impact and awareness of credit union financial wellness initiatives by sponsoring these statewide financial education activities in April:

  • $mart Money MI Kids Read - 8,000 of the children’s book Count on Pablo are being donated by Michigan credit unions to families attending more than 100 public library story times in April through this Michigan Financial Wellness Network program. Credit unions are partnering with libraries for most of these events with supplemental crafts and financial education activities. An additional 4,000 books are being utilized by credit unions for financial education activities with local schools and community groups.
  • High School Personal Finance Challenge and Financial Reality Fair - Teens compete in personal finance knowledge at the state finals on April 29 and advance to the national championship coordinated by the Council on Economic Education. Students attending the state finals will also participate in a Financial Reality Fair hosted by Michigan Schools and Government Credit Union.
  • Financial Reality Fairs – 10 high school fairs are scheduled for April. Since January, 57 fair events, facilitated by 16 credit unions, have taken place or are scheduled, helping more than 3,500 students prepare for their financial future.

April is also a great time to launch the 2022 Michigan Enhanced Financial Counseling Training Program. This year, 93 credit union employees from 34 credit unions are participating in the training program to become CUNA Certified Credit Union Financial Counselors. MCUF funds the Michigan enhancements for all participants which include a web resource portal, webinars, and supplemental live training session. In addition, 20 full scholarships for the CUNA curriculum have been provided to participants from small credit unions.

For more information on MCUF financial well being initiatives visit MCUF.MCUL.org.

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2022-04-01 00:00:00