CU Community Raises over $53k via CUAid yet Need for Relief in Louisiana Grows

Since activating the online disaster relief system CUAid a week ago for credit union people in Louisiana affected by the recent flooding, the National Credit Union Foundation (the Foundation) has collected over $53,000.

However, the need for assistance has grown as the Red Cross said the Louisiana flooding "is likely the worst natural disaster in the United States since 2012's Superstorm Sandy" and the Louisiana Credit Union League is reporting that the number of affected credit union employees will be around 150 to 200.

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Wrap-up of the Foundation's Twitter Chat on Financial Health

The National Credit Union Foundation hosted a Twitter chat on 8/18 for credit unions to discuss their activities to improve the financial health of staff and members.  You can now see the highlights from the discussion.

“Financial health is a term used to describe the state of one’s personal financial situation,” said Christopher Morris, Foundation Director of Communications. “Improving financial health is at the core of what credit unions do every day and they are doing a great job. However,
according to CFSI (Center for Financial Services Innovation), 57% of Americans—approximately 138 million adults— are struggling financially, so clearly there is more work to be done.”

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Murmurings Podcast #4 – The Berenstain Bears Financial Literacy Program

On today’s podcast, we talk about The Berenstain Bears® Financial Literacy Program as a way for credit unions to reach elementary school students. The Credit Union Network for Financial Literacy (CUNFL) is the exclusive purveyor of The Berenstain Bears Financial Literacy Program, which enhances financial literacy while promoting the benefits of credit union membership.

I talk to Drew Stanley, SVP & Chief Strategy Officer at Franklin Mint FCU, to get an overview of The Berenstain Bears Financial Literacy Program and then you’ll hear from Lee Wojner, VP of Marketing at O Bee CU, to hear how they’ve implemented the program and the success they’ve had.

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