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MyCreditUnion.gov Helps Consumers Stay Ahead of Fraudsters
Thursday, March 10, 2016 6:35 AM

National Credit Union Administration Board Chairman Debbie Matz reminded credit unions during National Consumer Protection Week to share the agency’s online consumer resources to educate their members about protecting their identities and finances.

“Knowledge is power, and financial education is the first line of defense a consumer has against a fraudster,” Matz said. “National Consumer Protection Week is the perfect time for credit unions to educate their members about keeping their finances safe. Our consumer and financial literacy sites have a wealth of information to help consumers stay a step ahead.”

NCUA’s consumer Twitter feed, @MyCUgov, has been featuring tips during the week on how to become a smarter consumer.

NCUA’s recently launched Fraud Prevention Center demonstrates the agency’s commitment to helping consumers learn about fraud prevention, identity theft, and online security. NCUA’s consumer website MyCreditUnion.gov and financial literacy site Pocket Cents provide consumers with timely and practical financial tips, interactive learning tools and financial calculators. Topics include fraud prevention, cyber security, understanding a credit card statement, reading financial disclosures and calculating share insurance coverage. Credit unions and consumers can also find consumer protection and personal finance information and resources in Spanish on espanol.MyCreditUnion.gov.

National Consumer Protection Week, which runs through March 12, is a coordinated campaign that encourages consumers nationwide to learn how to protect themselves from fraud and scams. NCUA is part of a group of federal and state regulators, the U.S. Department of Justice, state attorneys general and consumer advocacy organizations supporting the event.

For more information, please visit the NCUA Newsroom.