WASHINGTON—As the Treasury Department leads the Financial Literacy and Education Commission (FLEC) forward, the Defense Credit Union Council encouraged the Department to formally recognize and partner with credit unions—particularly those serving the military community.
“Too often, national financial education strategies fail to include the trusted local institutions that are already delivering real impact. DCUC and our member credit unions are ready to work with your team to ensure that FLEC’s initiatives reach those most in need,” stated DCUC President and CEO Anthony Hernandez in a letter to Treasury Secretary Scott Bessent.
“On behalf of the Defense Credit Union Council and our member credit unions proudly serving over 40 million Americans—including millions of active-duty service members, veterans, and military families—thank you for your leadership in revitalizing the Financial Literacy and Education Commission,” Hernandez wrote. “We applaud your vision to improve Americans’ financial understanding and stability, and we write today to offer our full support and partnership as FLEC works to develop a more inclusive, coordinated national strategy on financial literacy.”
Hernandez added that DCUC is ready to sit down with Treasury “to discuss specific areas where our missions align, and how defense credit unions can serve as FLEC implementation partners across the Department of Defense footprint. This includes participation in pilot programs, curriculum development, digital outreach, and reporting on best practices and outcomes.”
Click here for the full letter.