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#NCUAChat to Educate Consumers on Protecting Wallets, Personal Information

ALEXANDRIA, Va. (April 26, 2016) – The Federal Trade Commission will be joining the National Credit Union Administration’s live Twitter chat April 27 to provide information to help people protect themselves from consumer financial fraud, which affects millions of Americans each year.

The Twitter chat is scheduled to begin tomorrow at 11 a.m. Eastern. Credit unions and consumers can follow @MyCUgov (opens new window) and contribute to the conversation using the #NCUAChat hashtag on Twitter. Participants can submit questions in advance to socialmedia@ncua.gov.

During the chat, the Federal Trade Commission will be sharing fraud prevention tips and resources. NCUA will share tips from MyCreditUnion.gov (opens new window) on how consumers can protect their finances (opens new window) and resources available on the agency’s Fraud Prevention Center (opens new window).

The Twitter chat is part of NCUA’s activities during Financial Literacy Month. Consumers can visit NCUA’s MyCreditUnion.gov (opens new window) and the agency’s financial literacy site, Pocket Cents (opens new window), 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. While credit unions serve the needs of their members and promote financial literacy within the communities they serve, NCUA works to reinforce credit union efforts, raise consumer awareness and increase access to credit union services. 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.