WASHINGTON, May 18, 2016 /PRNewswire/ -- Today Air Force Federal Credit Union (Air Force FCU), client of GOBankingRates.com, will receive the America Saves Designation of Savings Excellence for Credit Unions, a designation from America Saves that recognizes credit unions that go above and beyond to encourage people to save money during America Saves Week. America Saves and credit union leaders are recognizing credit unions that do exceptional work to promote savings among their members and communities.
Air Force FCU hosted 18 free financial classes in February 2016 attended by over 900 individuals on such topics as the importance of saving money, retirement planning and basic investing. Air Force FCU communicated and engaged attendees in all channels, including a huge social media campaign. In addition, the credit union provided a special 3.00% APY share certificate exclusive to active military members.
"The credit union understands the importance in educating our military men and women, and their families, about fiscal responsibility," Bob Glenn, Air Force FCU president and CEO stated. "We are proud and privileged to be able to provide these services to our military. It has been our mission for over 63 years and will continue to be moving forward."
"Air Force FCU's efforts during America Saves Week reflect the exemplary work the credit union does routinely for military personnel and their families," said Stephanie Barbaran, managing editor for GOBankingRates. "We are proud to work with a financial institution that demonstrates an unparalleled commitment to educating and serving its members."
Air Force FCU, along with the other recipients of the Designation, will be recognized at the America Saves National Savings Forum and will receive the Designation of Savings Excellence award.
"For years, banks and credit unions have participated in America Saves Week by offering products and services that encourage individuals to save money and build wealth," said Nancy Register, national director of America Saves. "America Saves launched the America Saves Designation of Savings Excellence in 2015 that recognizes credit unions that go above and beyond to promote and support saving during America Saves Week. This year we are proud to recognize and announce the second group of credit unions that achieved this designation."
America Saves Week is an annual opportunity for credit unions to encourage individuals to save money — with an emphasis on reaching low- to moderate-income families. America Saves is recognizing exceptional credit unions that succeed in promoting savings or other wealth-building accounts and have high levels of accounts opened or added to during America Saves Week 2016. For more information about the America Saves Designation of Excellence for Credit Unions, visit http://americasavesweek.org/for-organizations/financial-institutions/credit-union-designation-of-excellence-criteria.
About Air Force FCU
Air Force FCU serves the diverse needs of over 41,000 members worldwide with a full array of financial services and the strength of more than $374 million in assets. For additional details about Air Force FCU, visit www.airforcefcu.com.
About America Saves
America Saves, a campaign managed by the nonprofit Consumer Federation of America, seeks to motivate, encourage, and support low- to moderate-income households to save money, reduce debt, and build wealth. The research-based campaign uses the principles of behavioral economics and social marketing to change behavior. Nonprofit, government, and corporate groups participate in America Saves nationally and through local, regional, and statewide campaigns around the country. America Saves encourages individuals and families to take the America Saves pledge and organizations to promote savings year-round and during America Saves Week. Learn more at AmericaSaves.org and AmericaSavesWeek.org.
GOBankingRates.com connects consumers with the best credit unions, banks and interest rates nationwide, aggregating over 11 million rates from more than 6,000 institutions. A leading portal for personal finance and consumer banking information, the site offers visitors the latest on everything from finding a good interest rate to strategies for saving money, investing for retirement, and getting a loan. Its editors are regularly featured on top-tier media outlets, including U.S. News & World Report, Forbes, Business Insider, Daily Finance, Huffington Post and more. It specializes in connecting consumers with the best financial institutions and banking products nationwide.
Danny Sanchez, Air Force FCU: (210) 678-5233
Katie Bryan, America Saves: (202) 387-6121
Katie Johnston, GOBankingRates.com: (310) 297-2933 x116