Financial Center Wins National Award for Financial Education Program
Indianapolis, Ind. – Financial Center First Credit Union has been awarded a National Desjardins Adult Financial Education Award from the Credit Union National Administration (CUNA) for the second year in a row. The 2015 second place award in the $500 million and up asset category was accepted by Kevin Ryan, Financial Center’s President and CEO, Frances Tooley, Senior Vice President, and James Davidson, Financial Literacy Program Manager, at CUNA’s Governmental Affairs Conference in Washington, D.C. on February 24. The Credit Union won the first place award in the $150 million - $500 million asset category in 2014.
The Desjardins Adult Financial Education Award recognizes outstanding leadership of a credit union for personal finance education programs for members and the community through face-to-face teaching, publicity and organizational collaboration.
“Managing your finances can be complicated,” commented J. Kevin Ryan, Financial Center President and CEO. “Financial Center is passionate about filling the education gap both for our members and the community – knowing the profound impact knowledge can have on making informed decisions that improve quality of life.”
Financial Center’s strategy to provide financial education is multi-pronged. In 2015, it transitioned two full-time positions from banking to financial education. As a result, Financial Center hosted 35 seminars for credit union members, lunchtime workshops for employees of its business members, weekly seminars at the Mexican Consulate’s office, and over 50 seminars through partnerships with other local community organizations. The credit union also used its digital channels to send monthly newsletters that focused on relevant and timely financial news, investment strategies, and discounted/free services provided through the credit union.
Photo: Financial Center Representatives Kevin Ryan, President/CEO; James Davidson, Financial Literacy Program Manager; Frances Tooley, Senior Vice President; and Jim Nussle, President/CEO of CUNA.
About Financial Center: Financial Center First Credit Union has been serving consumers who live or work in Boone, Brown, Hamilton, Hancock, Hendricks, Johnson, Marion, Morgan, Putnam, and Shelby Counties as well as other special groups for over 60 years. Over 54,000 members take advantage of favorable deposit and loan rates as well as reduced fees by banking with the Indianapolis-based credit union. Financial Center is a not-for-profit entity that employs 165 people. Guided by a volunteer Board of Directors, Financial Center’s mission is to ‘Improve Members’ Financial Lives’. Learn more at www.fcfcu.com.