The Honorable Debbie Matz

October 11, 2010
Hosted by Jordan Goodman

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Guest Information

Episode Description

Hear from NCUA Chairman The Honorable Debbie Matz as she talks about the increase in coverage limits for money deposited in credit unions and how to make sure that your money is safe and sound in credit unions. Chairman Matz will discuss this and other issues around credit unions, which have grown in popularity amid the downturn. She will also talk about a new PSA campaign that Suze Orman is launching on behalf of the NCUA. While 90 million Americans are members of credit unions across the country, many aren’t aware that their money in credit unions is protected by the full faith of the U.S. Government the same way banks are protected by the FDIC. And a new law makes the coverage limits of $250,000 per account permanent. Chairman Matz discuss how credit unions are different than banks, how share insurance works and how you can immediately find out if your money is protected.

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Jordan Goodman

Jordan Goodman has a mission: to help everyone do better with money. Since graduating the Columbia University School of Journalism in 1977, he has spent the past 32 years combing the country to find the very best ways to help consumers make and save money and then sharing these gems with the public. As a staff writer/reporter at MONEY Magazine for 18 years, a weekly commentator on NBC News at Sunrise and Public Radio’s Marketplace Morning Report, and through his 12, soon to be 13 highly respected books, and his website www.moneyanswers.com, he has provided useful, common-sense information to the public. Some of his better-known books include Fast Profits in Hard Times, Everyone’s Money Book, the Dictionary of Finance and Investment Terms and Master Your Money Type. Jordan is a rare combination: someone who possesses not only encyclopedic knowledge about every area of personal finance but also a passion for helping his listeners not only to get educated but to take action to help their dreams become realities.

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