Abound Credit Union’s efforts to teach children financial literacy have received national recognition.
The credit union was the recipient of the National Association of Credit Unions’ 2021 Alphonse Desjardins Prize for Youth Financial Education. The credit union placed second in the category of assets over $1 billion.
The award recognized the financial institution’s expansion of its financial literacy programs for elementary, middle, and high school and college students.
These programs empower students to be smart financial decision makers and have impacted over 6,000 local students in the past school year.
In addition to school programs, the credit union also works with the Kentucky Department for Community Based Services to help foster children learn the skills they need to be self-reliant. Abound leaders also worked directly with Fort Knox to launch a post-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 kids early on to be smarter financial decision makers, we have 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 to aboundcu.com.