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Financial Literacy Efforts by Maryland Credit Unions Highlighted by Association during Presentation to MD State Commission

Mon, Oct 17, 2016

Columbia, Maryland

The MD|DC Credit Union Association was invited to present to the Maryland Commission on Financial Education and Capability on Thursday. It was a prime opportunity to share the credit union difference and the extensive financial education efforts being provided by credit unions in Maryland.

President/CEO John Bratsakis talked about the People Helping People philosophy that drives credit unions and the programs offered in support of financial education, including: reality fairs, in-school branches, classroom programs, Millionaire’s Club, financial counseling, partnerships, online resources and seminars/workshops.

Thanks to Securityplus President/CEO Brett Noll for attending the presentation, and the following credit unions for providing information on their financial literacy/education efforts: Allegany County Teachers Federal Credit Union, Educational Systems Federal Credit Union, First Financial Federal Credit Union, Freedom Federal Credit Union, MECU, NASA Federal Credit Union, NIH Federal Credit Union, Nymeo Federal Credit Union, Securityplus Federal Credit Union and SECU.

Co-chaired by Senator Katherine Klausmeier and Delegate Dana Stein, the Commission delivers a report to the Governor and General Assembly by December 1 of each year, and makes recommendations on financial capability and education efforts. State agencies, along with the private sector, including the Association and the Maryland Bankers Association, were invited to present. Information from the presentations will be used to develop the Commission’s annual report. You can view the presentation here.