WASHINGTON (8/9/10)--The National Credit Union Foundation (NCUF) has recognized the National Youth Involvement Board (NYIB) as the winner of the 2011 Herb Wegner Memorial Award for Outstanding Organization. This will be one of three awards presented at the 23rd Annual Herb Wegner Awards Dinner hosted by the NCUF at the Credit Union National Association’s 2011 Governmental Affairs Conference. The conference will be held Feb. 27-March 2.Online registration for dinner tickets will be available later this year on NCUF’s website. NYIB is led by a seven-member, volunteer executive committee elected by credit union league designated delegates chosen from the network. Committee members serves as their region’s contact to uphold and encourage activity in classrooms and communities. NYIB’s mission was to build a grassroots network of credit union advocates concerned about the perception and acceptance of credit unions among younger generations. This led to a more concrete goal: Reduce the average age of credit union members and increase membership under age 18. So far, 2.5 million young people have been reached through the classroom. NYIB’s annual conference draws about 125 participants to explore current challenges and techniques with credit union peers. A listserv for exchanging ideas has as many as 470 subscribers annually. That number closely matches the average annual number of credit union educators in classrooms each of the past five years. NYIB tracks credit union in-classroom financial education online through its website, www.nyib.org, which has a data collection feature. Credit unions nationwide average an annual growth of more than 12% in students reached and a 16% increase in presentations made in the classroom. NYIB said it expects to reach 400,000 students between 2009 and 2010. NYIB partners include:
* Junior Achievement (JA). Speakers from JA Worldwide and area chapters have been featured at NYIB Annual Conferences, and network members rely on JA where classroom support and materials are limited; * National Endowment for Financial Education (NEFE). The comprehensive materials in NEFE’s High School Financial Planning Program brought NYIB network members and other credit unions together with Cooperative Extension Service agents; * Jump$tart Coalitions. Locally, many NYIB members carry their cooperative perspective into their state coalitions, holding seats on state boards and working to provide conference speakers, breakout sessions, and teacher workshops; and * Biz Kid$. The companion curriculum for each episode of this PBS series for youth on financial responsibility and entrepreneurship is a presentation data option for NYIB members to use.
The awards are named in honor of the late Credit Union National Association CEO Herb Wegner.