April 2021 is National Financial Capability Month, an evolution of National Financial Literacy Month which was designated by Congress in 2004. Abound is proud to join federal and state agencies, schools, nonprofit organizations, businesses, and other entities in this initiative to raise awareness about the importance of financial literacy education in the United States.
“Abound’s mission is to improve our members’ lives and building financial capability does just that,” says Ray Springsteen, President and CEO of Abound Credit Union. “Our daily work with Kentuckians often uncovers opportunities to significantly reduce high interest rates and high monthly payments that are a consequence of a lack of financial education.”
Abound has expanded its financial education programs in recent years to reach thousands of local students from elementary through high school and connect with veterans and adults of all ages. Beyond partnering with local K-12 public schools, the Credit Union recently launched a new after care financial education program on Fort Knox and has worked closely with ECTC and Campbellsville University to offer financial education to college freshmen.
Abound is also supporting the efforts of the Omicron Nu Lambda Education Foundation and launched financial wellness webinars earlier this year with Baptist Health Hardin and Robley Rex Veterans Hospital with archived content available on Abound’s YouTube Channel.
In addition to the financial education and training provided for students and other specific groups, Abound Credit Union offers free online learning tools and resources for all at www.aboundcu.com.