ALBANY, N.Y. (10/28/08)--The New York Credit Union Foundation recently awarded four first-place and two honorable mention state-level Desjardins Youth Financial Education Awards to credit unions. First place recipients include:
The New York Credit Union Foundation awarded state-level Desjardins Youth Financial Education Awards to New York credit unions. Receiving the awards on behalf of their credit unions are: Sharon Phillips, Capital Communications FCU; Laurie Baker, The Summit FCU; Thom Dellwo, Cooperative FCU; James Suriano, Sidney FCU; Ron Ehrenreich, Cooperative FCU; and Robert Allen, Teachers FCU. (Photo provided by the New York Credit Union Foundation)
* Cooperative FCU, Woodridge, less than $35 million in assets; * Sidney (N.Y.) FCU, $75 million to $250 million in assets; * Capital Communications FCU, Albany, more than $250 million in assets; and * Teachers FCU, Farmingville, more than $1 billion in assets.
Honorable mentions went to:
* The Summit FCU, Rochester, more than $250 million in assets; and * Visions FCU, Endicott, more than $1 billion in assets.
The Desjardins awards are presented to credit unions that demonstrate a significant commitment to youth financial education. “Today’s economic situation certainly underscores the importance of improving the financial literacy of New Yorkers,” said Diane LaVigna-Wixted, foundation executive director. “After [I saw] all of the great projects credit unions submitted for the award, it was obvious that our credit unions recognize the importance of [financial literacy].”