media.americascreditunions.org/articles/123496-celebrate-national-financial-capability-month
2024-04_financial-health

Celebrate National Financial Capability Month

Credit unions across the nation use financial education to improve members' financial lives.

April 5, 2024

April is National Financial Capability Month.

As a central credit union tenant, members’ financial health is at the forefront of everything in the movement. See how credit unions across the country are improving members’ financial lives through financial education.

SCE Federal Credit Union invests in the YMCA of Metropolitan Los Angeles

The YMCA of Metropolitan Los Angeles and SCE Federal Credit Union in Irwindale, Calif., agreed to a five-year partnership in which the $1.1 billion asset credit union made a $1 million, five-year investment into YMCA-LA and the communities they serve.

The partnership includes financial education programs, resources, and benefits to improve the financial health of individuals, families, and communities across Los Angeles County.

To celebrate the partnership, SCE Federal presented YMCA-LA executive leadership with a $1 million check during a March 21 community event at the Weingart East LA YMCA. The credit union also held a financial education workshop to provide community members with the tools and resources to be financially secure.

SCE Federal President/CEO Jennifer Oliver reaffirmed the credit union’s commitment to financial education, adding that the partnership will also include opportunities for volunteerism, mentorship, marketing, and community event participation.

“This partnership is the perfect representation of our mission and goals in action, and we are thrilled to bring our services to such a storied organization in our community,” she says.

Red River Credit Union partners with university for tuition discount

Red River Credit Union’s new partnership with Texas A&M University-Texarkana aims to empower members through educational opportunities. Through this collaboration, members of the $1.4 billion asset credit union in Texarkana, Texas, will have access to an exclusive tuition discount program, providing significant benefits for those pursuing higher education at the university.

Red River members who enroll at the institution will receive a 25% tuition discount for classroom courses, easing the financial burden associated with pursuing a college degree. Additionally, members will enjoy their first class free.

“We’re proud to partner with Texas A&M University-Texarkana in offering this incredible opportunity to our members," says Red River CEO Brad Bailey. "Education is the cornerstone of personal and professional growth. Through this partnership, we aim to support our members in their pursuit of academic excellence while easing the financial strain often associated with higher education.”

Signal Financial Federal Credit Union offers financial education events

As part of its commitment to empower members to take ownership of their financial journeys, $410 million asset Signal Financial Federal Credit Union in Kensington, Md., is celebrating National Financial Capability Month with these events:

  • April 3—Signal Financial Senior Branch Manager Etsegenet Zamanuel will answer questions regarding credit unions and their products as part of Signal’s Credit Union 101: Your Roadmap to Financial Empowerment event.
  • April 9—Signal Financial Senior Vice President of Consumer and Real Estate Lending Said Halim and Consumer Lending Underwriter Maritza Gutierrez will hold a Credit Management Seminar at the credit union’s headquarters.
  • April 18—Vice President of Member Experience Nick Moreland will give a presentation on how families can plan, save, and invest in their financial futures.
  • April 25—Financial Advisor Tom Turner will hold a presentation on maintaining a diversified portfolio in retirement.

Signal Financial will also use its social media channels to share financial tips, resources, and tools to help individuals better understand their finances and plan for the future.

SAFE Credit Union holds free webinars

SAFE Credit Union’s financial education team is offering a series of free webinars focused on helping consumers better manage their budgets and keep their financial information safe.

“We look forward to sharing tips and information on how to better build one’s financial freedom during Financial Capability Month,” says Hector Madueno, financial wellness manager at the $4.7 billion asset credit union in Folsom, Calif. “These webinars are especially accessible and informative.”

SAFE’s other offerings during April include Budget Cents workshops for high schoolers, an online Financial Education Tool Kit, and financial tips on the credit union’s Facebook and Instagram pages.

Other ways credit unions improve members’ financial lives: