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N.Y. foundation presents Desjardins awards
ALBANY, N.Y. (6/30/10)--The New York Credit Union Foundation has awarded first place Desjardins Youth Financial Education Awards to three credit unions.
Click to view larger image Three New York credit unions placed first in the state's 2010 Desjardins Youth Financial Education Awards. From left are: Ray Grossman, board member, Teachers FCU; Jessica Burch, Karen Reardon, Melissa Cummings and CEO Bill Sweeney, CORE FCU; and Marsha Brauer, CEO, Clarence Community & Schools FCU. (Photo provided by the New York Credit Union Foundation)
First place awards went to:
* Clarence Community & Schools FCU, Clarence, in the under $35 million asset category. The credit union was recognized for its youth savings programs offered in all six K-12 schools in its district. * CORE FCU, East Syracuse, $35 million to $75 million. CORE was honored for its "Students as Educators" program, which incorporates a student-run branch at ESM high school, a K-8 school banking program, annual teen finance forums for high schoolers and adult education seminars. * Teachers FCU, Farmingville, $250 or more in assets, which garnered an award for its use of the National Endowment for Financial Education's (NEFE) Basics of Banking module, interactive smart boards and several session of BizKid$, the PBS program on financial literacy. Together, the programs helped motivate young adults to make and manage their money.
An honorable mention was presented to Visions FCU, Endicott, for its success with the promotion of the foundation's Kid's Cash Kit & Caboodle program, which distributes kits that teach children ages five-12 how to manage money using three concepts: saving, spending and sharing. "Improving the financial literacy of our children and youth is more important than ever," said Diane LaVigna-Wixted, foundation executive director. "With all the ups and downs in today's economy, it's essential to equip them with the financial knowledge they'll need to manage their finances while they work toward a sound financial future."
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