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FTC NCUA Facebook Event to Discuss Guarding Against Financial Scams

Mon, Mar 5, 2018

Consumers can learn more about protecting their identity and money from popular financial scams during a live event hosted on the National Credit Union Administration’s Facebook page.

The Facebook live event is scheduled for Wednesday, March 7, beginning at 2 p.m. Eastern. The discussion is part of the NCUA’s activities during National Consumer Protection Week, which runs from March 4 to March 10. No registration is required, and there is no charge.

Representatives from the Federal Trade Commission will join NCUA staff during the event to discuss how consumers can safeguard their identities and personal finances from scammers. The NCUA and FTC will share resources from their consumer sites, MyCreditUnion.gov and Consumer.gov. Participants are encouraged to comment and ask questions during the live conversation or submit questions in advance to socialmedia@ncua.gov.

National Consumer Protection Week is a nationally coordinated campaign made up of federal, state and local agencies, consumer groups and national advocacy organizations. The focus is to inform Americans of their consumer rights while providing access to consumer-related resources, which are available at no charge. The NCUA is a national partner of this annual event.

During National Consumer Protection Week, consumers can also find and share additional tips and best practices on protecting their financial well-being on the NCUA’s Facebook and Twitter sites.

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, the NCUA works to reinforce credit union efforts, raise consumer awareness and increase access to credit union services. The 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.

Source: NCUA.Gov