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New Horizons Credit Union awarded Designation of Savings Excellence by national savings program

WASHINGTON, DC (September 1, 2020) — America Saves proudly announces New Horizons Credit Union as one of only twelve recipients of the 2020 Designation of Savings Excellence award chosen from over 200 banks and credit unions across the nation that participated in this year’s America Saves Week.

In its sixth year, the America Saves’ Designation of Savings Excellence is awarded to financial institutions that display exceptional achievement by motivating individuals to become more financially stable. New Horizons Credit Union is one such financial institution that went above and beyond with Direct Deposit, New Start Checking, GreenPath Financial Wellness, and Horizons Heroes Accounts.

“Their extraordinary efforts to encourage their members to save money and establish an automatic savings plan during America Saves Week deserves recognition, particularly as the COVID-19 pandemic reached a crisis stage just a few days after America Saves Week concluded,” said George Barany, Dir. of America Saves. “We are proud to recognize these significant achievements.”

“We are thrilled to receive this designation,” comments Edith Franklin – President/CEO of New Horizons Credit Union.  “New Horizons Credit Union believes in financial education and offering members and non-members alike free resources through our website at NewHCU.org.”

America Saves Week is an annual event that inspires Americans to make a simple savings action plan that starts or increases their savings. The event is coordinated by America Saves, with input and support from over 35 organizations that include federal government agencies such as the FDIC, FEMA, and the Department of Labor, as well as nonprofits and Cooperative Extension educators.

America Saves 2020 Designation Badge


About America Saves

America Saves is a campaign managed by the nonprofit Consumer Federation of America that uses the principles of behavioral economics and social marketing to motivate, encourage, and support low- to moderate-income households to save money, reduce debt, and build wealth. 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.

About New Horizons Credit Union:

New Horizons Credit Union is a not-for-profit cooperative established in 1950 serving members that live, work, worship, and attend school throughout southeast Alabama and northwest Florida with several full service offices, free worldwide ATM service through Allpoint, and free 24/7 Online and Mobile account access at NewHCU.com.  New Horizons Credit Union offers its members, Solutions for the Real World. New Horizons CU is federally insured by the NCUA and is an Equal Housing Lender. For details on all services and membership information, contact NHCU toll free at 1-800-824-3610.

Contacts

GEORGE BARANY
America Saves
gbarany@consumerfed.org

Madeline Daniels
(202) 939-1002
mdaniels@consumerfed.org

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