America Saves awarded Air Force Federal Credit Union (AFFCU) with the America Saves Designation of Savings Excellence for Credit Unions on June 5, 2017. The designation recognizes credit unions that go above and beyond to promote and encourage people to save money during America Saves/Military Saves Week.
In February, AFFCU hosted 14 free financial classes to military personnel and their family members, with over 770 individuals attending sessions. A one-year share certificate with a special rate of 3.00% APY was offered to active duty personnel for two weeks during the campaign to help promote automatic savings.
In addition, a special social media campaign was targeted at individuals during the month, with participation in several tweet chats and the orchestration of a special #MilitarySaves focused credit chat with Experian, one of the three major credit reporting bureaus, discussing financial topics that affect military personnel.
“We’re pleased to recognize Air Force Credit Union’s tremendous promotional and outreach efforts during Military Saves Week 2017,” said Allie Vered, America Saves Director. “Thanks to partners like AFFCU, each year we’re able get more than 35,000 military service members to commit to saving money.”
This was the second consecutive year AFFCU was recognized for the Designation of Savings Excellence award.
“Our staff understands the privilege we have to be able to provide financial services and support to our military and their families. They take great pride in championing their financial goals and educating them about fiscal responsibility,” Bob Glenn, President/CEO of AFFCU stated. “We are honored to be recognized and will continue to lend our support to our military and their families whenever and wherever it may be needed.”
America Saves Week is an annual opportunity for credit unions to encourage individuals to save money – with an emphasis on reaching low- to moderate-income families. America Saves is recognizing exceptional credit unions that succeed in promoting savings or other wealth building accounts and have high levels of accounts opened or added to during America Saves Week in 2017. For more information about the America Saves Designation of Excellence for Credit Unions, please visit http://americasavesweek.org/for-organizations/financial-institutions/credit-union-designation-of-excellence-criteria.
Air Force FCU serves the diverse needs of over 42,000 members worldwide with a full array of financial services and the strength of more than $384 million in assets. For additional details about Air Force FCU, visit www.airforcefcu.com.
America Saves, a campaign managed by the nonprofit Consumer Federation of America, seeks to motivate, encourage, and support low- to moderate-income households to save money, reduce debt, and build wealth. The research-based campaign uses the principles of behavioral economics and social marketing to change behavior. Nonprofit, government, and corporate groups participate in America Saves nationally and through local, regional, and statewide campaigns around the country. America Saves encourages individuals and families to take the America Saves pledge and organizations to promote savings year-round and during America Saves Week. Learn more at AmericaSaves.org and AmericaSavesWeek.org.
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/ed57abac-1a62-4832-b43b-66ec78574cec
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b1be40ce-4af1-471a-9a55-15896d5601a7