Abound Credit Union’s efforts to teach children financial literacy received national recognition.
The credit union was a recipient of the 2021 Credit Union National Association’s Alphonse Desjardins Youth Financial Education Award. The credit union placed second in the more than $1 billion asset category.
The award recognized the financial institution’s expansion of its financial literacy programs for elementary, middle and high schools and college students.
These programs empower students to be smart financial decision makers and reached more than 6,000 local students during the last school year.
In addition to school-based programs, the credit union also works with the Kentucky Department for Community Based services to help foster children learn skills they need to be self-sufficient. Abound leaders also worked directly with Fort Knox to launch an after-care financial education program in partnership with the post’s youth center.
“At Abound Credit Union, we are committed to providing the financial education and resources Kentuckians need to improve their lives,” said Ray Springsteen, president and CEO of Abound. “By teaching children to be smarter financial decision makers early on, we’re making a long-term impact that will help their families and entire communities thrive.”
In addition to the credit union’s youth initiatives, a range of online educational tools are available for adults at aboundcu.com.