MOBILE, Ala.–New Horizons Credit Union has earned the Veterans Saves Designation of Savings Excellence award for efforts in financial education stressing the importance of saving during National Veterans Saves Week.
The honor is reserved for financial institutions that succeed in getting people to open or add to wealth-building accounts and take the pledge to save.
The credit union noted that the economy and world affairs are an “unfortunate situation that is currently impacting military families and their finances. Veterans Saves Week helps to spearhead the conversation around the importance of saving and encourages service members and their families to take action toward their savings plan.”
Veterans Saves Week is an annual opportunity for the veteran community to assess their savings status and make a plan to start or increase saving, and for organizations like New Horizons Credit Union to support good savings behavior.
“New Horizons Credit Union is honored to, once again, receive this recognition. Our Credit Union serves a community which has a large Coast Guard presence as well as other armed services to whom we are truly grateful. We are proud to support National Veterans Saves Week and advocate financial literacy and saving.” President and CEO Edith Franklin said in a statement.
Patnership With GreenPath
To further the savings initiative, New Horizons Credit Union partners with GreenPath Financial Wellness to offer free budgeting resources, webinars, and debt management tools designed to develop savings goals and build credit.
The National Veterans Saves program also offer consistent social media saving messages which New Horizons Credit Union was able to incorporate during the campaign period to encourage taking the pledge to save. Plus, New Horizons Credit Union offers a Horizons Heroes program which offers money saving perks to our active military and all first responders.
