WHAT WE DO
The National Credit Union Administration (NCUA) is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 101 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At MyCreditUnion.gov and Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.
|Tweet This: #JSPartner @FoolProofme teaches consumers to: Use Caution. Question sellers. Rely on research.|
WHAT WE OFFER
Under the Federal Credit Union Act, promoting financial literacy is a core credit union mission. While credit unions serve the needs of their members and promote financial literacy within the communities they serve, NCUA works to reinforce credit union efforts, raise consumer awareness and increase access to credit union services. NCUA also participates in national financial literacy initiatives, including the Financial Literacy and Education Commission, an interagency group created by Congress to improve the nation’s financial literacy and education.
To promote the financial well-being of credit union members and consumers nationwide, NCUA encourages credit unions, their member-owners, consumers, nonprofits, local governments and others to share and use NCUA’s free financial literacy resources through MyCreditUnion.gov.
“World of Cents” provides a fun and engaging opportunity for children to learn the concepts of earning, saving and spending money while building their very own magical world full of whimsical playhouses. The gameplay experience touches on the important building blocks for making smart financial decisions, such as math skills, good savings habits and financial literacy. “World of Cents” utilizes coin value recognition to demonstrate how to save and manage money. Users even have the option of viewing their world in 4D.
Ken Worthey, Jr.
Financial Literacy and Outreach Analyst
Office of Consumer Protection
National Credit Union Administration
Jump$tart Coalition for Personal Financial Literacy