NYIB Brings Financial Reality Fair Reporting to Forefront

If a credit union engages in financial literacy, but doesn’t gather impact data, are they at risk of missing the full scope of their work? In other words—it’s not just doing the great work that’s important, but reporting that work that will help credit unions make their case to advocacy audiences.

That’s where the National Youth Involvement Board comes in. As the only credit union organization that maintains standardized reporting of financial education presentations to youth in the U.S., NYIB is a great partner for credit unions looking to define their impact in the financial reality fair arena.

This reporting information is used by national and state legislators who lobby for mandated financial literacy programs in schools. Data is used locally by leagues and credit unions to promote community service efforts and demonstrate the credit union difference.

Strong numbers illustrate how vibrant and effective the profession of reaching and teaching youth is within the credit union industry. When credit unions report their student presentations, they help to fully define the Credit Union Difference.

To find out more on how NYIB can help your credit union capture this data, visit http://www.nyib.org/register.

Northwest CUs Cooperate for Another Financial Reality Event

Oregon State Credit Union, with Tillamook Bay Community College, Willamette Education Service District, Tillamook High School, and Neah-Kah-Nie High School hosted two financial reality fairs for a mix of Juniors and Seniors recently. With solid community support, including staff from Fibre Federal Credit Union, volunteers gave their time and talents to help students better understand the challenges and reality of independent living.

Judson Randall, a volunteer at the Fair, added that the fair is “a superb opportunity for young people to experience budgeting.”

A total of 84 students completed the fair experience and the survey results showed an increase in knowledge in all financial foundation topics.

Questions about this story? Contact Eric Horvath: 503.350.2222, ehorvath@nwcua.org.

Posted in Financial Education.