Improving People's Financial Health

Be a part of the conversation! Follow #CUFinHealth to see insights and knowledge into credit union consumer financial health.

Save the Date!

Credit Union FINHEALTH19 will bring together leading experts and practitioners to help you engage with your members and communities and improve the financial health of your most important asset - your members.

Dates: April 24-26, 2019 Location: Las Vegas, NV
Hotel: The Cosmopolitan of Las Vegas (room rate $195) Registration
Fee: $450 (estimate), Registration will open in early 2019.

Make the investment in your members' financial well-being by joining the California/Nevada Credit Union Leagues, the National Credit Union Foundation, and BALANCE for Credit Union FINHEALTH19 to share experiences, best practices, and strategize on how to continue to advance these efforts.

Health and Financial Well-being: Two Good Things that Go Better Together – Part 1

Health and financial well-being are intrinsically linked.

Think about it: financial insecurity is a major source of stress, and stress impacts our physical and mental health, including our decisions; poor health impacts our ability to work, or perform well at work, which can lead to financial insecurity – and you guessed it, more stress.

For millions of low- and moderate-income Americans struggling to make ends meet each day, the interplay between health and financial well-being is a vicious cycle; as if the two will never peaceably coexist.

Click here to continue reading...

Your National Credit Union Foundation is focused on improving the financial health of credit union members. Towards the end of 2017, the National Credit Union Foundation wrapped up a year-long grant funding effort to conduct consumer financial health check-ups with the Center for Financial Services Innovation (CFSI). This work, generously funded and supported by CUNA Mutual Group, included financial health check-ups for six credit unions.

Click here to view the aggregated financial health check-up results.

The Foundation will be continuing this type of work into 2018 to do more research and identify specific products that credit unions should consider to improve members’ financial health in the areas of saving, spending, borrowing and planning. Additionally, as a thought leader, the Foundation actively participates and presents at national conferences on this important issue.

CFSI is one of the leading organizations dealing with the subject of consumer financial health. CFSI’s Consumer Financial Health Study found that 57% of Americans are financially unhealthy, which means they lack daily financial systems that serve them well, struggle to weather financial shocks, and are not well-positioned to pursue their financial aspirations.

Graphic via Prosperity Now
Graphic via Prosperity Now
“Financial capability is a critical step on the road to financial well-being. Financial capability is the capacity, based on knowledge, skills and access to products and services, to manage financial resources effectively. When we talk about financial capability, we’re talking about more than financial education. Financial capability means a person possesses not just the knowledge, but also the practical skills to use that knowledge and the access to resources that we all need to manage our finances effectively.”

For More Information... Gigi Hyland, Executive Director, at or (202) 824-6282.

“Understanding members’ financial health and members’ day to day financial struggles are key to helping credit union management, staff, and board members to pursue initiatives to help more members improve their financial health."
- Gigi Hyland Executive Director National Credit Union Foundation