As consumers face unprecedented economic challenges related to the coronavirus pandemic, financial capability and sound saving habits are now more important than ever.
New York’s credit unions are reminded that April is National Financial Capability Month and Military Saves Month.
National Financial Capability Month, the Financial Literacy and Education Commission and the Ready Campaign are encouraging credit unions and individuals to take action to improve their financial futures and to be prepared when disaster strikes. More information about National Financial Capability Month can be accessed on the America Saves website.
Military Saves Month is an annual opportunity for financial institutions and other organizations to promote good savings behavior and offers a chance for service members and their families to assess their own saving status.
Credit unions that serve military members can use the promotion to encourage service members and their families to save money, reduce debt and build wealth.
More information about Military Saves Month also can be accessed on America Saves website.