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MyCreditUnion.gov Launch

March 9, 2011, Alexandria, Va. — National Credit Union Administration (NCUA) Board Chairman Debbie Matz today unveiled a new, free consumer tool — MyCreditUnion.gov. The NCUA financial education website’s launch coincides with National Consumer Protection Week. MyCreditUnion.gov offers a one-stop toolbox of educational information and personal finance tips designed to help individuals in making smart financial decisions and better choices for their money.
“The best way for consumers to protect their money and to get the best financial deal is to learn the most that they can about financial products and services before signing on the dotted line,” Chairman Matz said upon launching the website. “Whether it’s a car loan, a mortgage, a credit card, or a short-term alternative loan, smart consumers need to do their financial homework.”
MyCreditUnion.gov makes it easy for consumers to do just that. Here, individuals can learn about saving, borrowing and managing credit, as well as how to get a free credit report each year and how to protect themselves from financial scams. The website also explains how credit unions work, where to find a credit union to join, and even how to start a credit union. MyCreditUnion.gov additionally provides important pointers for resolving credit union member complaints.
“MyCreditUnion.gov furthers the work of the new Office of Consumer Protection, which NCUA formed to further safeguard the more than 90 million Americans who belong to credit unions,” Matz said. “This website will assist consumers not only during this year’s National Consumer Protection Week, but also every week of the year going forward.”
President Obama designated March 6 through March 12, 2011, as National Consumers Protection Week. For more than a decade, this annual event has encouraged government
National Credit Union Administration
1775 Duke Street
Alexandria, VA 22314-3428
www.ncua.gov
Media Contact: NCUA Office of Public & Congressional Affairs
Phone: (703) 518-6330
Email: pacamail@ncua.gov
and industry to share with the public financial education information about consumer rights, consumer protection, and sound financial decision-making.
MyCreditUnion.gov reminds consumers that savings up to at least $250,000 in federally insured credit unions are backed by the U.S. Government. Thus, credit unions remain a very safe place for Americans to deposit their earnings.
NCUA recommends bookmarking MyCreditUnion.gov as a helpful resource for consumer financial research needs.
NCUA is the independent federal agency that regulates, charters and supervises federal credit unions. With the backing of the full faith and credit of the U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 90 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.

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