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SECU Launches Financial Literacy Program
SECU has formed an education and literacy partnership with a nationally known group of consumer advocates to deliver a high-quality, free financial education and literacy program to consumers.
The program is called FoolProof, and it offers direct, real-life advice from consumer advocates. FoolProof comprises four separate components: one for young adults; one for teens, their parents and grandparents; one for continuing education for teens and young adults; and one for people of all ages. All of the components are free, interactive, and provided online so they are available 24/7.
This partnership allows SECU to provide a targeted FoolProof program to high schools at no cost to the schools. The important information shared with teens and young adults is critical to their success as they become financially responsible and independent. So far, eight high schools in Maryland have accepted SECU's offer for free financial education through FoolProof, and others plan to start in the next school year. And because it's web-based, it's extremely easy for teachers to implement and evaluate students' progress.
"This is an exciting and meaningful collaboration," explained Rod Staatz, SECU President and CEO. "We are committed to supporting financial education through the school system, and being able to provide a free, web-based program helps us with that commitment. Who wouldn't want to be smarter about money, and have the confidence to make the best decisions when it comes to the quality of life? FoolProof gives real financial education and real consumer information, and tells the truth about products and services in terms that make sense."
For more information, or to get started yourself, go to secumd.org and click on FoolProof.
About SECU:
Founded in Baltimore in 1951, SECU is the largest state-chartered credit union in Maryland and is ranked within the top 75 in total assets in the U.S. Assets were $2.02 billion as of December 2009.
