Abound Credit Union was recognized as a state leader in financial education and social responsibility for youth by the Kentucky Credit Union League during the league’s annual meeting in Louisville.
According to a news release from the credit union, Abound received first place in two different award categories.
The 2022 Alphonse Desjardins Youth Financial Education Award recognized Abound’s development of a personalized, in-house curriculum and significant expansion of its financial literacy programs for students in elementary, middle, high school and university students, according to the statement. Through the formal training of 44 Abound team members to deliver face-to-face lessons in local schools, Abound’s programs have evolved to better meet the needs of students and teachers, according to the release. The programs have reached thousands of local students, empowering them to make smart financial decisions, the release said.
The 2022 Dora Maxwell Community Service Award for Social Responsibility recognized Abound’s actions following the devastating tornadoes Kentuckians experienced in December 2021, according to the release. The credit union matched up to $5,000 in donations and encouraged members along with others in the community who wanted to make a difference to donate through its online, telephone and branch networks.
In early 2022, Abound presented a total donation of $23,270 split equally between the Warren County Public Schools Relief Fund and the Child Care Tornado Relief Unit, operated by the Warren County Schools Taylor County, according to the release. Abund also offered two loan options to help Kentuckians who were affected.
“Abound Credit Union was founded more than 70 years ago to help improve the lives of our members and our community,” said Ray Springsteen, president and CEO of Abound Credit Union. “We are committed to meeting local needs and providing the financial education and resources Kentuckians need to thrive.”
In addition to the credit union’s youth initiatives, online educational tools are available for adults a abundcu.com.
Abound Credit Union has been providing banking solutions for more than 70 years, according to the release.