The Coalition's purpose is to promote and deliver high quality financial education to County residents of all ages, communities and ethnic groups. Our goal is to provide the necessary tools for making informed decisions about saving, spending, borrowing and managing credit.
Financial literacy affects our ability to lead productive and fulfilling lives, and to ensure that our money works for us, instead of working for our money. In 2004, 7,410 eviction writs were issued in Montgomery County and nearly 1,000 households received financial assistance to prevent eviction.
History:
The Montgomery County Coalition for Financial Literacy (MCCFL) was formed January 2006 consisting of volunteers from the Montgomery County Office of Consumer Protection, Housing Opportunities Commission, Department of Health and Human Services, Consumer Affair office and professionals from the financial industry and private accounting firms.
Mission:
To further educate Montgomery County residents in budgeting, banking, borrowing, maintenance of credit, spending, saving and investing to help them make sound judgments in the areas of finance.
The following Montgomery County agencies, businesses and non-profit organizations are currently serving as Executive Board:
Dept. of Housing & Community Affairs, Dept. of Health & Human Services, Housing Opportunities Commission of Montgomery County, Costello & Huddy, Chartered, CPAs, Federal Deposit Insurance Corporation (FDIC), Transit Employees Federal Credit Union (TEFCU), Mid-Atlantic Federal Credit Union (MAFCU)
Executive Board Members
Co-Chair: Sue Rogan
Co-Chair: Mary Ann Hewitt
Treasurer: Donna Costello
Secretary: JoAnn Barnes
At Large: Myriam Torrico
At Large: Luis Montoya
At Large: Glen Lazovick
Communications Chair: Lynne R. Talon
Membership/Finance Chair: Sharon Strauss
Program Chair: Joan Lok
Communications Committee Members
Lynne R. Talon (Chair) - Transit Employees Federal Credit Union
Luis Montoya - Housing Opportunities Commission
Membership/Finance Committee Members
Sharon Strauss (Co-Chair) - DHHS, Community Action Agency
Donna Costello - Costello & Huddy, CPA
Steve Gurwitz - Montgomery County Consumer Affairs Advisory Committee
Program Committee Members
Joan Lok (Chair) - Federal Deposit Insurance Corporation (FD
Dr. Allen Cox - MD Coalition for Financial Literacy
Joan Lok - FDIC
Amy Horning - CASA of Maryland
Evan Johnson - Office of Consumer Protection
Laura Taylor - Greater Washington Center for Financial Education
Sydell Rappaport - Consumer Affairs Advisory Board