FCCU joins annual initiative in observance of National Financial Literacy Month

Fort Community Credit Union (FCCU) is once again joining an annual initiative to bring financial literacy to the community by sharing financial advice with students, parents, educators and community members.

While FCCU embraces those initiatives year round, the company noted recently that April is an especially good month to increase financial literacy as it is National Financial Literacy Month. 

According to a recent news release shared by the credit union, in 2004, the U.S. Congress designated April as National Financial Literacy Month, also known as National Financial Capability Month. 

In observance, each April, organizations across the nation take part in an initiative to highlight the importance of financial literacy education for all citizens of all ages. 

Within the release, FCCU pointed to the 2020 Survey of Household Economics and Decisionmaking (SHED), conducted by the Federal Reserve Board, which found that three-fourths of adults were doing at least “okay” financially. The survey also noted the continued financial disparity between communities based on education, race, ethnicity and neighborhood. 

“While the financial wellbeing of our community is generally ‘okay,’ there continues to be a need for high quality, trustworthy financial literacy resources,” the release stated.  

Additionally, FCCU noted within the release, community members of all ages can find a wide variety of free financial literacy resources at fortcommunity.com including videos, articles, interactive activities and games, financial calculators and more. Educators can also take advantage of Banzai, a free, premium online financial literacy program that meets Wisconsin Department of Public Instruction (DPI) requirements and provides teaching supplements for the classroom. 

Also noteworthy, in 2021, FCCU’s financial literacy efforts received national and state recognition when the credit union received the prestigious “Juntos Avanzamos, ‘Together We Advance,’” designation from Inclusiv, a leading national financial inclusion advocate. and the 2021 Governor’s Financial Literacy Award from Gov. Tony Evers and the Wisconsin Department of Financial Institutions, the released read. 

Bringing personal finance and cybersecurity resources to the community was described by FCCU Digital Content Strategist Dani Sherman as “the highlight of my role at FCCU.” 

She added: “It’s such a joy when a community member tells me about the bullet they dodged on a fraudulent website because of the red flags I taught them about in a ‘Tech Tip Tuesday’ video.”