Press

Hiway Federal Credit Union wins Adult Financial Education Award

ST. PAUL, MN (September 8, 2014) — Hiway Federal Credit Union has been honored with a 2014 Desjardins Adult Financial Education Award. The award, sponsored by the Minnesota Credit Union Network (MnCUN) and the Credit Union National Association (CUNA), recognizes leadership within the credit union movement on behalf of adult financial literacy.

“We are honored to have received the Desjardins Adult Financial Education Award,” said Dave Boden, President/CEO of Hiway Federal Credit Union. “Hiway is dedicated to improving the financial well-being of our members and I would like to thank our Business Development and Consumer Lending teams for working to develop and create a successful Financial Education program and partnership with LSS Financial Services.”

The Credit Union’s winning entry will advance to the national competition, where it will compete with financial education projects from credit unions in other states.

The award is named in honor of Alphonse Desjardins, the founder of the North American credit union movement, who established the first “caisse populaire” (people’s bank) in Quebec in 1900, and helped establish the first American credit union in New Hampshire in 1909. Desjardins was an ardent believer in the value of teaching children to save, and he promoted the idea of in-school savings programs.

ABOUT HIWAY FEDERAL CREDIT UNION      

Hiway Federal Credit Union was founded in 1931 to serve the employees of the Minnesota Highway Department. Today, Hiway serves over 62,000 members in Minnesota and around the country, registers $950 million in assets and welcomes new membership from government employees, Minnesota’s Military, select employee groups, organizations and businesses. Hiway prides itself on exceptional member service, and offers its members lower loan rates, higher savings rates and fewer and lower fees.

---