Bankers Support CDCUs' Financial LiteracyCampaign
NEW YORK - (10/26/04) -- Long Island's North Fork Bankpresented a $10,000 contribution to help fund the NationalFederation of CDCUs' 'Each one, Teach many,' financial literacyprogram during ceremonies Monday to mark the Federation's 3rdannual Financial Literacy Day at Union Settlement FCU here. NCUAChairman JoAnn Johnson, a member of the U.S. Treasury Department'sFinancial Literacy Counsel, urged credit unions and banks tocooperate in bringing financial education to the millions offinancially illiterate Americans. "I love it when the banks andcredit unions team up and provide these programs together," saidJohnson, who sat in on a Spanish-language financial educationworkshop at Bethex FCU later on. Using the National Endowment forFinancial Education's 'Your Path to Financial Freedom,' curriculum,the Federation's program has trained more than 400 instructorsnationwide to go into low- and moderate-income neighborhoods toteach financial literacy.