A+ Work! League, Maine CUs Capture National Financial Education Awards


Monday, June 3, 2013

For once again taking a leadership role in youth financial education efforts in Maine, and for the carry-over effect on building awareness of youth financial education nationally, the Maine Credit Union League and Maine's credit unions were presented with the national 2012 Desjardins Financial Education Award at a special ceremony in Washington, D.C.

In recognizing the efforts of the League and Maine's credit unions, the Awards Committee noted, "The Maine League and its member credit unions continue to make significant contributions and progress to the growth of financial education in Maine.  Through its Financial Fitness Fairs, regular media appearances highlighting the issue of financial literacy, and actively pursuing new opportunities to help more young people to better understand money management and personal finance, the League and credit unions in Maine are at the forefront of the financial education efforts in Maine."
Two Maine credit unions were also honored with national Desjardins Awards.  For credit unions with assets of $50-$150 million, Acadia FCU received a second place Desjardins Youth Financial Education Award.  Last year, Acadia FCU partnered with the University of Maine at Fort Kent (UMFK) last year to form the AFCU-UMFK Financial Literacy Partnership. This collaboration has created a comprehensive program dedicated to educating youth about the importance of financial planning at key points throughout a youngster's development.  In addition to Acadia FCU, Community CU received a second place Desjardins Adult Financial Education Award for its outreach efforts in helping adult members with financial literacy.

"Personal finance and money management skills are issues that impact all age groups.  It is great to see the efforts of Maine's credit unions receive national recognition," stated John Murphy, President of the Maine Credit Union League.