Credit Union and State Treasurer Partner on Behalf of Financial Literacy
Meetings encourage local governments to engage in workplace financial education
RALEIGH, NC (3/29/10) — Through a series of meetings held across the state, North
Carolina’s municipal and county leaders are getting a chance learn about the
importance of workplace financial literacy, as well as the resources available to help
them establish or enhance a financial wellness program within their organization.
One resource being promoted is Local Government Federal Credit Union (LGFCU),
which offers free on-site financial wellness seminars to any North Carolina local
government unit. From basic budgeting and credit reports to buying a home and estate
planning, LGFCU’s credentialed financial counselors present on more than 30 topics to
make financial education an interesting and interactive experience for employees.
“Financial education has an important place in an organization's overall employee
benefits package,” says LGFCU President Maurice Smith. “Stress over money may not
only lead to anxiety and health-related issues, but studies have shown it can affect
productivity in the workplace. Financial education can improve the life of the employee,
which in turn improves their job performance.”
Note: A high-resolution (300 dpi) jpeg of NC State Treasurer Janet Cowell and LGFCU Financial
Counselor Chris Brown is attached.
Local Government Federal Credit Union serves North Carolina’s local government employees,
elected/appointed officials, volunteers and their families. The $1 billion federally chartered credit union is
a cooperative of more than 184,000 members associated with various facets of local government in North
Carolina’s 100 counties and 546 cities, towns and villages.