The Defense Credit Union Council (DCUC) has submitted a formal comment letter to the U.S. Department of the Treasury in response to its Request for Information on the U.S. National Strategy for Financial Literacy (TREAS-DO-2026-0001).
In its letter, DCUC shared the critical role credit unions play in advancing financial education for millions of Americans and the importance of strengthening financial literacy efforts across all stages of life.
DCUC’s recommendations included modernizing the federal government’s central financial education platform, MyMoney.gov, establishing annual updates to the National Strategy, elevating cybersecurity and fraud prevention education, and strengthening partnerships with credit unions as trusted, community-based financial educators.
“Financial literacy is a lifelong necessity, especially for those who serve our nation,” says Anthony Hernandez, DCUC president/CEO. “Credit unions are on the front lines, delivering practical, real-world education in communities, schools, and military installations. We stand ready to work with Treasury to ensure the National Strategy reflects today’s rapidly evolving financial landscape.”
Among its key recommendations, DCUC called for enhancements to MyMoney.gov, including mobile optimization, interactive tools, improved accessibility, and tailored resources for servicemembers, students, and older Americans. DCUC also urged Treasury to prioritize fraud prevention and cybersecurity education amid rising threats targeting military and veteran communities.
“Modernizing financial education tools and increasing collaboration with credit unions will ensure Americans are better equipped to make informed financial decisions,” adds Jason Stverak, DCUC Chief Advocacy Officer. “By leveraging trusted institutions with deep community ties, we can deliver meaningful, measurable improvements in financial capability nationwide.”
DCUC expressed appreciation for Treasury’s leadership and looks forward to continued engagement with the Financial Literacy and Education Commission to strengthen financial education outcomes across the country.
Related Article:
How AI-Powered Lending Is Helping Credit Unions Better Serve Military Families