Philanthropy Toolkit

New Life Simulation Kit Available To Credit Unions


Credit union organizations can now order a new Life Simulation kit from the National Credit Union Foundation (the Foundation) to hold their own Life Simulation. This simulation is designed to help sensitize credit union organizations to the financial needs of low-wage working families.

The Life Simulation experience is designed to help credit union employees, volunteers and leadership begin to understand what it might be like to live in a typical low-income family trying to survive from month to month.  The new Life Simulation from the Foundation is a comprehensive kit that includes over 1,000 pieces of material.


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Wrap-up of the Foundation's Youth-Focused Twitter Chat


In conjunction with National Credit Union Youth Month™, the National Credit Union Foundation hosted a Twitter chat for credit unions to discuss their activities to help youth get financially fit.

“The National Financial Educators Council (NFEC) recently tested teens on areas covered within national financial literacy standards,” said Christopher Morris, Foundation Director of Communications. “The results were shocking; while only 4.7% of participants got an A on the test, 62.4% got a D or an F. Thankfully, credit unions are making strides in this area, which is why the Foundation was pleased to facilitate this discussion.”

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On the Blog: Development Issue Spotlight on Access to Credit


This is the fourth of the 12-part series on our blog highlighting the 12 major development issues. In case you missed it, last month we discussed education, which can be found here.  This month we are focusing on access to credit.

Access to credit seems to be an easy development issue for credit unions to solve – as we are in the loan business.  Yet millions of Americans are paying obscenely high interest rates on loans to buy a new car, fund school clothes or even purchase a week’s groceries. 

 
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