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Pen Air Federal Credit Union receives America Saves Designation Of Savings Excellence For Credit Unions
WASHINGTON, DC (July 7, 2-15) — Pen Air Federal Credit Union in Pensacola, Florida has received the America Saves Designation of Savings Excellence for Credit Unions, a new designation from America Saves recognizing credit unions that go above and beyond to encourage people to save money during America Saves Week. In 2015, for the first time, America Saves and credit union leaders are recognizing credit unions that do exceptional work to promote savings among their members and communities.
Pen Air Federal Credit Union, along with the other recipients of the Designation, were recognized at the America Saves National Savings Forum and received a Designation of Savings Excellence seal. “For years, banks and credit unions have participated in America Saves Week by offering incentives to encourage individuals to save money and build wealth,” said Nancy Register, National Director of America Saves. “This year, America Saves is excited to recognize credit unions that went above and beyond to encourage individuals to save with the new America Saves Designation of Excellence.”
“We are truly honored to be recognized for what we believe is the right thing to do – educate the community and promote savings,” comments Stu Ramsey, president/CEO of Pen Air Federal Credit Union. “Pen Air participates each year in this program with the desire to make a difference in someone’s life.”
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 2015. For more information about the America Saves Designation of Excellence for Credit Unions, please visit http://americasavesweek.org/for-organizations/financial-institutions/credit-union-designation-of-excellence-criteria.
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.
About Pen Air Federal Credit Union:
At Pen Air Federal Credit Union, respect is a guiding principle. As the largest and oldest credit union headquartered in Pensacola, Florida, with $1.2 billion in assets, Pen Air is dedicated to enhancing lives through exceptional service, strength, and financial solutions. Eighteen locations in Northwest Florida and Southeast Alabama, which include three student-run credit unions at area high schools, combined with Online and Mobile banking provide worldwide reach. Pen Air is a not-for-profit, member-owned financial institution, serving the community and improving lives since 1936. For more information, visit www.penair.org or call (850) 505-3200/toll free (877)4PENAIR.