SnoCope Credit Union Receives 1st Place Award for Financial Education.
TACOMA, Washington (October 18, 2018) — SnoCope Credit Union1, headquartered in Everett, Washington, has received one of the Credit Union Movement’s top honors for financial education. The Desjardins Youth and Financial Education Award is named for one of the co-founders of the North American Credit Union Movement — Alphonse Desjardins. The award was presented Oct. 18 during the Northwest Credit Union Association’s (NWCUA2) annual MAXX Convention in Tacoma, Washington. The NWCUA represents more than 180 credit unions in Idaho, Oregon, and Washington.
Desjardins encouraged not-for-profit, cooperative credit unions to offer financial education to the public. SnoCope has successfully worked with the public, as well as employer groups to bring adult financial literacy workshops to local communities. The credit union surveyed employers and members to ensure it presented the most relevant content. The workshops were promoted both digitally and during events throughout the year.
In 2017, SnoCope added three new seminars to the lineup. The workshops focused on investments for women, tips for first-time and move-up home buyers, identity theft, savvy Social Security planning, money management and the Public Employees’ Retirement System. The credit union brings in experts to present relevant and timely topics to the public and to employer groups.
For example, SnoCope worked with several large employer groups offering staff an opportunity to take deeper dives into retirement, saving, and other specific financial topics. For these important programs, SnoCope received the Alphonse Desjardins Adult Financial Education Award.
“We are honored to receive this recognition,” said Steve Ellis, President and CEO of SnoCope Credit Union. “SnoCope, like all credit unions, believes in the NWCUA mission of people helping people and financial literacy. As a not-for-profit financial cooperative available to everyone in Washington state1, we believe in service to our membership, service to our employer groups, and service to the surrounding community. Our Financial Wellness Program is available to everyone and changes every year to meet the needs of our audience — we make a special effort to bring it deeper into the community as part of our own mission.”
1 SnoCope Credit Union is a local, not for profit, financial cooperative whose charter is open to all persons who live, work, worship, go to school, or conduct a business in Washington State. Established in 1959, with an asset size of 58 million plus, and over 6400 members, SnoCope Credit Union originated to serve the financial needs of members in Snohomish County city and government employment and today embraces an even broader membership that encompasses all residents of Washington State.
2 The Northwest Credit Union Association is the not-for-profit trade association representing over 180 credit unions in Idaho, Oregon, and Washington, and their 6.5 million consumer members. Northwest Credit unions are not-for-profit cooperatives, owned by their members. Credit unions help members achieve their financial goals. All earnings in excess of operating expenses and required reserves are returned to members in the form of lower loan rates, fewer fees and higher interest paid on savings. For information on how to join a credit union, please visit http://www.asmarterchoice.org.Go to main navigation