United Educators Credit Union (UECU), which has a branch in Coon Rapids, received the Minnesota Desjardins Youth Financial Education Award, presented by the Minnesota Credit Union Network (MnCUN). The award recognizes its efforts to provide financial literacy education.
UECU was recognized among credit unions with $50-$150 million in assets for its youth accounts program, classroom financial education resources, community school partnerships and National Credit Union Youth Week school partnership collaboration.
“Financial literacy education is extremely important at UECU,” said Del Danielson, credit union president and chief executive officer.
“Our youth programs are provided to teach the importance of saving, along with the practical aspect of handling money.”
UECU offers youth savings account programs to members ages zero to 17 years old that focus on financial education through newsletters, online information and the save, share, spend concept.
The credit union has also partnered with four schools in the metro area – Normandale Hills Elementary (Bloomington), Sand Creek Elementary (Coon Rapids), Woodbury Middle School, and Eastview High School (Apple Valley) – to promote financial education to students through classroom presentations, branch visits and “credit union days.”
The Desjardins Youth Financial Education Award recognizes leadership within the credit union industry on behalf of youth financial literacy.
United Educators Credit Union was established in 1957 and is a member-owned, member-operated, not-for-profit financial institution, providing financial services to the Minnesota education community, their families and those who support education by being a part of the United Educators Foundation.
United Educators Credit Union currently operates branch locations in Apple Valley, Coon Rapids, Eden Prairie and Woodbury.