Walk the Talk by Delivering Financial Education

Consumer education is a hallmark of credit unions' service to members and the community. Credit union philosophy places critical importance on helping members achieve financial independence and improve their standard of living.

Credit unions recognize, however, that consumer-friendly products and services are only part of the equation in helping members achieve their dreams - products and services must be coupled with consumer education to help ensure members can make sound financial choices.

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Your League's Financial Education Committee

Your League's Financial Education Committee is making a name for itself throughout Virginia.  Our meetings are open to everyone who wants to learn about and help deliver financial education to people of all ages.

Archives

Financial Education Committee Minutes

NYIB Monthly Reports 2009-2010 School Year

Awards Spotlight

Financial Education Must-Haves

Tax Time

Using tax time as an avenue to reach low- and moderate-income families and teach financial education lessons.

  • Volunteer Income Tax Assistance Program (VITA)
    The VITA Program offers free tax help to low- to moderate-income (generally, $39,000 and below) people who cannot prepare their own tax returns. Certified volunteers sponsored by various organizations receive training to help prepare basic tax returns in communities across the country. VITA sites are generally located at community and neighborhood centers, libraries, schools, shopping malls, and other convenient locations. Most locations also offer free electronic filing. To locate the nearest VITA site, call 1-800-829-1040.
  • Earned Income Tax Credit (EITC)
    You can help promote the Earned Income Tax Credit (EITC) by using your communication network so that more eligible people receive it, bringing more dollars into your community. A tax credit is a dollar-for-dollar reduction of taxes owed. Some credits are refundable – taxes could be reduced to the point that an individual would receive a refund rather than owing any taxes.

Financial Education Resources