Real Solutions - A National Credit Union Foundation Program

Retirement Fairs are designed to get participants thinking about their desired lifestyle during their golden years and more importantly building their understanding of how much savings they will need to fund their lifestyle decisions.

Connecticut credit unions celebrated reaching over 10,000 students at the Fall Financial Reality Fair at the Connecticut State Capitol. They then went on to surpass 12,500 students by the end of the 2012-2013 school year.

From CUNA News Now – Low-income credit unions can now apply for a total of $1.18 million in grants to help support their financial literacy, product development, collaboration, staff and board member training, office relocation and computer modernization efforts, the National Credit Union Administration said on Tuesday, 5/21.

Students at H.D. Woodson High School recently experienced the realities of financial independence at a “Financial Reality Fair” hosted at the school by HEW Federal Credit Union (HEWFCU) to recognize National Financial Literacy Month. Students were randomly assigned careers complete with net and gross monthly income, a credit score, and a checking account with $1,500. They shopped for apartments, electronics, cars and more at various tables where they chose whether to pay cash; use a credit card; or get a loan for major purchases such as cars and furniture.

The Community Reinvestment Initiative supports the Michigan Credit Union League’s advocacy efforts through the CRI Report. The report is compiled each year using data from the CRI Survey and outside sources. Distributed to lawmakers during the CUNA GAC and throughout the year, the CRI Report contains information that demonstrates the good work credit unions do in their communities and further promotes the credit union tax exemption.