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One for the money

Last November was Financial Literacy Month and Canadian credit unions celebrated with the national launch of Each One, Teach One. Created by Vancouver City Savings Credit Union (510,000 members, $20.9 billion in assets) in 2008, Each One, Teach One is a financial literacy program delivered by volunteers that covers such financial basics as budgeting, fraud prevention, credit card knowledge and developing a credit history. The program will offer workshops throughout Canada in 2017. ◊