MADISON, Wis. (4/17/15)--Credit unions nationwide will start celebrating Money Smart Week, a public awareness campaign designed to help consumers better manage their personal finances, on Saturday.
Zeal CU, Livonia, Mich., will sponsor Zombie Math, a mental math adventure for kids in grades 3 through 8. (Zeal CU Photo)
Money Smart Week, which runs through April 25, is spearheaded by the Federal Reserve Bank of Chicago and was created to provide free financial education to people of all ages and walks of life.
Aventa CU, Colorado Springs, Colo., will mark the week by hosting six financial literacy seminars in Pueblo, Colo., and by providing financial literacy information in Colorado Springs.
"Money Smart Week gives us a good opportunity to get out into the communities in which we serve and provide free financial education to those who desire it," said Karin Kovalovsky, Aventa CU vice president of corporate communications and marketing. "We want Aventa CU to be seen as the resource to go to when financial literacy is needed and offer a variety of topics to choose from."
Hundreds of Michigan organizations--including several credit unions--are hosting free Money Smart Week events, the Michigan Credit Union League (MCUL) reported (Monitor April 15). Besides MCUL, Michigan partners include the Financial Planning Association of Michigan, Library of Michigan (and 200 hosting libraries across the state), and hundreds of organizations in the public, private and not-for-profit sectors.
Michigan Schools and Government CU, Clinton Township, Mich., will facilitate a variety of workshops across the Metro Detroit area for all ages on topics ranging from building a basic budget to managing personal assets. The workshops are free and open to the public. The credit union will also host financial education story time and Financial Jeopardy for children.
Zeal CU, Livonia, Mich., will sponsor the Grocery Game, an estimating adventure for kids ages 7 to 10 on Saturday, and two sessions of Zombie Math for third- through eighth-graders.
Dozens of communities across Wisconsin will celebrate Money Smart Week with hundreds of events focused on improving the personal financial awareness of state citizens.
"I commend Wisconsin's business community for its support of financial literacy awareness efforts," said Ray Allen, secretary of the Wisconsin Department of Financial Institutions. "The seminars and workshops scheduled throughout April will help our citizens, young and old alike, to improve their financial capabilities. These efforts are good for consumers and good for the Wisconsin economy."
Cedar Rapids, Iowa, Mayor Ron Corbett has formally proclaimed April 18-25 as Money Smart Week. More than 75 fifth-grade students will participate in the proclamation event at Bowman Woods Elementary School in Cedar Rapids. More than 160 free education workshops will be hosted in Iowa.
National Credit Union Youth Month, sponsored by CUNA, is also celebrated throughout the month of April. The month-long celebration provides credit unions with an opportunity to connect and convey to their members the importance of financial education at a young age. The month's theme, "Wild About Saving," was chosen from ideas submitted by credit union staff nationwide.