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Michigan Credit Union League

Governor Snyder participates in Michigan Money Smart Week

DETROIT, MI – April 7, 2014 – To kick off Michigan’s Money Smart Week®, part of a national effort, Gov. Rick Snyder will read the Berenstain Bears’ Trouble With Money story to a group of children Monday afternoon at 3 p.m. The Money Smart Kids Read, implemented this year for the first time in Michigan, focuses library story times and activities around basic money concepts for children.

With the generous support of the Michigan Credit Union League and their 289 member credit unions, over 100 library branches in 35 counties received 3,000 free copies of the Berenstain Bears book to give away to children attending story times during Money Smart Week. Copies of the adult money management book, Money Rules, were also provided by Michigan credit unions to give to the parents and caregivers of participating children.

The importance of literacy to a child’s future is on the minds of educators, policymakers and parents alike. Financial literacy is of equal importance to the vibrancy of a child’s future and society as a whole.

“Michigan Credit unions are committed to communities and helping members – of all ages – thrive,” said Dave Adams, CEO of MCUL. “We are thrilled to be part of Money Smart Kids Read, and grateful to Governor Snyder for making the time to show his support.”

Snyder will read to a group of children at the Detroit Public Library Campbell branch in Southwest Detroit located at 8733 W. Vernor.

“Michigan credit unions are demonstrating real leadership by supporting Michigan families through the Money Smart Kids Read initiative,” says Kelly Masters, Michigan Chairwoman for Money Smart Week. “In a time when families and entire communities are financially challenged, the importance of fiscal responsibility and getting back to the basics of saving and wise money management is paramount. Although Money Smart Week partners offer hundreds of free non-commercial financial education programs for adults, focusing age-appropriate money messages into learning opportunities for children is part of a long-term solution. We thank the credit unions of Michigan for their support, and thank the Governor for contributing his time to this important endeavor.”

To find other Money Smart Kids Read story times taking place this week and other free financial programs, consumers should visit www.moneysmartweek.org. Money Smart Week events are open to the public and cover topics including kids and money, unemployment, managing student debt, retirement and more. To learn more about Money Smart Week® contact Michigan Chair Kelly Masters or visit, www.moneysmartweek.org.

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2014-04-07 00:00:00