The Gaps in High School Financial Education Courses
Although mandatory financial education courses for high schoolers is growing, it is still only a requirement in a tiny portion of the United States. Chip Filson calls on credit unions to help bridge the gap as states add these courses to their curricula.
Explaining Liquidity in Credit Unions
It’s Financial Literacy Month and CUSO Magazine’s Esteban Camargo is back to explain key financial and economic concepts that impact our industry. In this article, Esteban attacks liquidity, explaining what it is and how credit unions manage it.
April Heralds in Financial Literacy Month
April marks the start of Financial Literacy Month, where credit unions, schools, and financial institutions alike work to improve financial education across the country. Emily Claus details the history of the event, how credit unions are celebrating this year, and how you can get in on all the festitivites!
Call Federal, 60 Years Young and Still Run with Passion
Chip Filson shares the story of how one credit union started over sixty years ago, and why the credit unions has stuck firm to its goal of providing “passionately local banking.”
Top 10 CUSO Magazine Articles of 2022
As we move into 2023, the CUSO Magazine team took a moment to reflect on 2022 by sharing the most widely read articles of the year.
Financial Literacy Spotlight: The Berenstain Bears Cub Club
As part of Financial Literacy Month, Emily Claus spotlights the Berenstain Bears Financial Literacy Program for kids, created through a partnership with Franklin Mint Federal Credit Union and the Berenstain Bears organization.
The CAMELS in the Room
Starting April 2022, NCUA introduced a new letter to the CAMEL rating system: “S” for Sensitivity to Market Risk. Esteban Camargo gives a brief history of CAMELS and what each letter stands for in this financial literacy month series.
Michigan Legacy Credit Union partners with Wayne State University Institute of Gerontology to fight financial exploitation of vulnerable adults
Michigan Legacy Credit Union (MLCU) announced it has launched a pilot program with Wayne State University’s Institute of Gerontology to help protect its vulnerable members from financial exploitation. The announcement was made by Michigan Legacy Credit Union President and CEO Carma Peters.
Increasing Financial Literacy in Students: Credit Union of Texas Opens SMART Branch
Credit Union of Texas, in an effort to increase financial education amongst students, has created an encompassing financial literacy program consisting of student-run SMART branches and student financial coaches. Emily Claus explains.
Important Ratios to Understand Your Credit Union’s Performance
As we continue our series on financial literacy basics for credit unions, Esteban Camargo gives some commonly used ratios and benchmarks some attention, explaining what they are, how they are, how they’re calculated, and what they’re used for.
