Press
Money MissionTM Financial Game Now Included in Jump$tart Clearinghouse
FOR IMMEDIATE RELEASE
Contact: Mark Wolff, CUNA Communications (202) 508-6764 mwolff@cuna.coop
Amy Nigrelli, CUNA Marketing (608) 231-4246 anigrelli@cuna.coop
MADISON, Wis. (July 11, 2011)—Credit Union National Association (CUNA) and the Wisconsin Credit Union League announce that Money Mission™—an online financial literacy video game—has been approved for inclusion in the Jump$tart Coalition for Personal Financial Literacy® Clearinghouse.
Money Mission™ uses entertaining videos to teach personal finance basics, such as recognizing opportunity costs and budgeting, to high school students. These lessons are then reinforced through interactive gameplay—teens’ preferred learning style. “Money Mission brings financial literacy training into the new millennium,” says Jill Nordstrom, Director of Member Solutions, Wisconsin CU League.
In addition to the benefits of its unique instructional methods, Money Mission™ also offers scholarship opportunities for high school seniors.
“We are delighted that Money MissionTM is now included in the nation’s most comprehensive collection of financial education resources for students,” says Terry Costin, Senior Vice President of Sales & Marketing at CUNA. “This further demonstrates that Money MissionTM is an effective financial education tool as only resources that meet the National Standards in K-12 Personal Finance Education are selected.”
More than ten percent of Wisconsin credit unions, as well as several credit unions in Illinois and North Carolina, currently provide Money Mission™ to their members.
The inclusion of Money Mission™ in the Clearinghouse comes at a time when American households are ill-prepared for financial challenges and in need of good financial education resources. The Financial Education and Literacy Commission reported in their 2011 National Strategy for Financial Literacy that many people in the U.S. “both overestimate their financial knowledge and lack an understanding of key financial concepts.”
For more information about Money Mission™ and to register for free webinars on how providing financial education to young adults can benefit your credit union, please visit http://cuna.org/moneymission, call 1-800-356-9655 ext. 4262, or email jjones@cuna.coop.
About the Jump$tart Coalition for Personal Financial Literacy® Clearinghouse
Jump$tart’s online Clearinghouse is the United States’ most comprehensive collection of financial education resources suitable for students in pre-kindergarten through college. All of the resources listing in the Clearinghouse have been reviewed for appropriateness, based on the National Standards in K-12 Personal Finance Education. For more information about Clearinghouse, please visit http://www.jumpstart.org/jump$tart-clearinghouse.html.
About CUNA:
With its network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves 90 percent of America’s 7,700 state and federally chartered credit unions, which are owned by nearly 92 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information about CUNA, visit www.cuna.org or the CUNAverse blog and follow @CUNAverse on Twitter. For more information about credit unions, visit www.aSmarterChoice.org and follow @asmarterchoice on Twitter.