April is National Credit Union Youth Month, and credit unions around the state are inviting young people to check out what credit unions can do to help them afford life on their way to becoming financially savvy adults.
Universally, credit unions are committed to personal financial literacy, and more than 80 percent of Georgia credit unions offer programs tailored specifically for children and teens. As not-for-profit member-owned organizations, credit unions are driven by service rather than the pursuit of profits. It is common to find credit unions offering financial education, youth savings and checking accounts and scholarships.
“Young people are going to face many challenges when they go out into the world,” said Barry Heape, CEO of DOCO Credit Union and Board Chair of the Georgia Credit Union League. “Even though we are seeing indicators of a recovering economy, the middle class is still being squeezed. We have historic levels of student debt, credit issues with young people that can take years for them to overcome and they just don’t always get the knowledge as children to make good financial decisions as adults. Credit unions are ready to help them – and their families – at any time.”
Credit union memberships have passed the 2.1 million mark in Georgia, and they continue to increase. To learn more about credit unions and the benefits they deliver to consumers, or to find a credit union to join visit www.asmarterchoice.org.
About Georgia Credit Union Affiliates Georgia Credit Union Affiliates (GCUA) provides services and support that help Georgia credit unions – with current memberships topping the 2.1 million mark – meet the financial service needs of the state’s credit union members. GCUA offers advocacy, educational, operational and marketing support for Georgia’s 121 credit unions, with combined total assets of more than $21 billion. More information can be found at http://www.asmarterchoice.org/ and on social media at https://www.facebook.com/creditYOUnion, https://twitter.com/HPALGa and https://twitter.com/Gcuagov.