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Posted July 24, 2011 in Blog by Ryan

Visiting the Credit Union National Association

In June, we paid a visit to the Credit Union National Association in Madison, Wisconsin.

We met with Phil Heckman the director of youth programs in the associations centre for personal finance. We discussed personal finance initiatives, the state of credit unions in the U.S., and student credit union initiatives.

He told us that there are 1,000 student-run credit union branches at schools and universities across the United States, somewhat like the caisses populaires in Quebec. Phil gave us contact information for several student-run operations, so we could learn from their experiences. Before we finished meeting, Phil also gave us printed materials from some of his office’s financial education program.

It was interesting to learn more about student credit union initiatives in another country. CUNA serves as a national trade association for credit unions in the United States with offices in Washington D.C. and Madison. The Madison campus where CUNA maintains its operation is also home to the World Council of Credit Unions, CUNA Mutual Group, and the National Credit Union Foundation.

Also while in Madison, we took a photo at a UW credit union location.

In this case UW refers to University of Wisconsin and not University of Waterloo. The credit union serves the local Madison community as well as students, faculty, and staff of the university.

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