Pen Air kicks-off 2022 Financial Challenge – NOW
PENSACOLA, FL (June 29, 2022) — Pen Air Federal Credit Union (Pen Air FCU) has selected its three teams to participate in the 2022 NOW Program. Follow along as John and Veronica, Crystal, and Jack navigate the seven-month journey, designed to guide contestants to the financial freedom they’ve been dreaming of while they compete for the chance to win $5,000.
“We are entering our third year of the NOW program,” says Casey Brueske, Community Education Development Specialist for Pen Air FCU. NOW Teams are paired with a certified Pen Air Financial Counselor, who will work directly with them to create an individualized financial plan to help them pay off their debt and set them up for a financially secure future. “Our goal is to guide these teams to be more financially fit and enhance their lives and the lives of others in the process,” says Brueske.
NOW Teams will document their journey via social media, video and blogs each month to inspire the community. Points will be awarded to each family for percent increase in savings, percent decrease in debt, submitting blog and video content, attending Pen Air financial workshops, volunteering in the community, and meeting with their NOW Advisor. At the completion of seven months, the NOW Team that earns the most points during the contest will be awarded $5,000.
2021 winners, Wesley and Tammy went from feeling like they would never be able to save for retirement to building a plan for their families’ future. “Our main goal was to focus on savings, especially on retirement. We had to look at our spending habits and make a lot of changes. In the end, we have created a great plan that will put us on track for success.” On average, the 2021 NOW Teams increased their savings by $14,000 and decreased their debt by $8,000.
Learn more about the NOW program at penair.org/NOW. Track the teams’ progress by following the Pen Air Voice blog and through Pen Air’s Facebook, Instagram and Twitter pages.
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 $2.3 billion in assets, Pen Air is dedicated to enhancing lives through exceptional service, strength, and financial solutions. With 11 locations in Northwest Florida and Southeast Alabama combined with online and mobile banking, we 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 penair.org.