As part of the NCUA's activities during Financial Literacy Month, the Federal Trade Commission will enhance the regulator's efforts to help protect consumers from financial fraud.
A live Twitter chat with the two agencies begins today at 11 a.m. ET. Credit unions and consumers are encouraged to follow @MyCUgov and participate in the conversation using the hashtag #NCUAChat on Twitter.
During the chat, the FTC will share fraud prevention tips and resources. Also, the NCUA will share tips from MyCreditUnion.gov on how consumers can protect their finances and resources available on the agency's Fraud Prevention Center.
Consumers can visit NCUA's MyCreditUnion.gov and the agency's financial literacy site, Pocket Cents, at any time to get more information about saving, borrowing and managing credit. Under the Federal Credit Union Act, promoting financial literacy is a core credit union mission.
The NCUA also participates in national financial literacy initiatives, including the Financial Literacy and Education Commission, an interagency group created by Congress to improve the nation's financial literacy and education.
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