Palisades FCU Sponsors Financial Literacy Program for Local High Schools

In light of a stagnant economy and blundering investment market, the Palisades Federal Credit Union and the Cornell Cooperative Extension have come together to help teachers educate young people on enhancing their financial literacy. Palisades Federal Credit Union, the Cornell Cooperative Extension and the New York Credit Union Foundation recently partnered to sponsor the National Endowment Foundation Education (NEFE) and Working in Support of Education (WISE) High School Financial Planning Programs. Many high school teachers, including four Rockland County educators, attended the July 14 event that employed NEFE's unique curriculum on personal economics held at Dominican College. Citing a recent study by the Hartford Financial Services Group, Inc., Palisades FCU President and CEO Mark Welshoff said that nearly two-thirds of... [read full story]