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Ohio Credit Unions Launch Financial Education Aimed at Parents, Teachers, Students

Distributed by Press Release

CLEVELAND

Who: Teachers, educators, public officials, and credit union leaders

Featured speakers:

State Senator Lance Mason (D-Cleveland)

Rita Haynes, CEO, Faith Community United Credit Union

Renee T. Cavor, Deputy Chief of PreK-8 Education, Cleveland

Metropolitan School District

What: Cleveland is the first of several cities to host the launch of MoneyAndStuff(TM), an extraordinary collaboration of Ohio credit unions and educators throughout Ohio to improve financial literacy in Ohio. The cornerstone of the initiative is MoneyAndStuff.info, a Web site for parents, educators, and credit unions, featuring free financial lessons, educational materials, and games.

In addition, speakers will describe other components of the financial education initiative aimed at reaching every school district in Ohio.

Where: Woodland Hills Elementary School

9201 Crane Ave

Cleveland, OH 44105

When: Tuesday, November 20, 2007 at 10 a.m.

Why: Most parents try to talk to their kids about making the right choices when it comes to smoking, drinking, and dating. But how many parents educate their children about the financial facts of life? Not many. According to a survey of Ohio adults, commissioned by the Ohio Credit Union League (OCUL), less than one quarter (23 percent) of Ohioans make any effort to encourage financial literacy in their families.

Ohio credit unions are stepping up their efforts as leaders and collaborators in financial education because the financial health of Ohio's youngest citizens is at risk. By turning young people into smart consumers and savers, Ohio credit unions are investing in brighter futures for all Ohioans.

Visuals: Students will be using the MoneyAndStuff.info Web site.

Contact: Patrick Harris, Director of Media Relations, Ohio Credit Union League

800-486-2917, Ext. 212, or 614-581-1401 (mobile)

KENT/AKRON

Who: Teachers, educators, public officials, and credit union leaders

Featured speakers:

State Senator Tom Sawyer (D-Akron)

Joe Crawfis, CEO, Kent Credit Union

Kathy Thomas, Career Technical Advisor, Kent City Schools

What: Kent is the second of several cities to host the launch of MoneyAndStuff(TM), an extraordinary collaboration of Ohio credit unions and educators throughout Ohio to improve financial literacy in Ohio. The cornerstone of the initiative is MoneyAndStuff.info, a Web site for parents, educators, and credit unions, featuring free financial lessons, educational materials, and games.

In addition, speakers will describe other components of the financial education initiative aimed at reaching every school district in Ohio.

Where: Theodore Roosevelt High School

1400 North Mantua Street

Kent, Ohio 44240

When: Tuesday, November 20, 2007 at 2 p.m.

Why: Most parents try to talk to their kids about making the right choices when it comes to smoking, drinking, and dating. But how many parents educate their children about the financial facts of life? Not many. According to a survey of Ohio adults, commissioned by the Ohio Credit Union League (OCUL), less than one quarter (23 percent) of Ohioans make any effort to encourage financial literacy in their families.

Ohio credit unions are stepping up their efforts as leaders and collaborators in financial education because the financial health of Ohio's youngest citizens is at risk. By turning young people into smart consumers and savers, Ohio credit unions are investing in brighter futures for all Ohioans.

Visuals: Students will be using the MoneyAndStuff.info Web site.

Contact: Patrick Harris, Director of Media Relations, Ohio Credit Union League, 800-486-2917, Ext. 212, or 614-581-1401 (mobile)

Credit unions are member-owned financial cooperatives which are democratically controlled by the members. As not-for-profit financial institutions, credit unions return earnings to their members in the form of dividends, lower loan rates, higher savings rates, and improved service. Credit unions consistently rank the highest in customer satisfaction of any financial institutions, and have been Number 1 in every American Banker/Gallup poll conducted since 1989.

/PRNewswire-USNewswire -- Nov. 19/

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