1st Financial Federal Credit Union is partnering with City of St. Louis Treasurer Tishaura Jones for St. Louis Saves Week, a local part of America Saves Week which runs from February 23rd 28th, 2015.
Treasurer Tishaura Jones has teamed up with the St. Louis Regional Unbanked Taskforce, the United Way, and the Urban League to spearhead the St. Louis Saves Bank and Credit Union Designation of Excellence Challenge, an initiative challenging local banks and credit unions to promote savings and wealth-building.
The St. Louis Saves Bank and Credit Union Designation of Excellence Challenge will take place during America Saves Week February 23rd -28th.� St. Louis Saves was created by the Treasurer as a local partnership with the America Saves program, a campaign that seeks to motivate, encourage, and support low to moderate income households to save money, reduce debt, and build wealth.
Started in 2007, America Saves Week is an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status.� Typically thousands of organizations participate in the Week, reaching millions of people.� In the FDIC National Survey of Unbanked and Underbanked Households from 2013, almost 1 in 13 American households were considered underbanked.
The Treasurers office has focused on promoting financial literacy within the underbanked population of St. Louis since Tishaura Jones took office.� 1st Financial Federal Credit Union has been one of the biggest supporters of Treasurer Jones financial education policies since her election by providing new accounts for SLATE workers and working to establish the Childrens Savings Program for the youth of St. Louis city.
Throughout the Week, 1st Financial Federal Credit Union will share articles on social media that showcase the importance of establishing a savings plan.� Members are also encouraged to take part in the America Saves #Imsavingfor $500 photo contest as well as pledge to start saving through the St. Louis Saves website.� To assist members who may not have Internet access, the Washington Avenue branch will offer an opportunity to sign up for the savings pledge in person.
Additionally, 1st Financial Federal Credit Union will also hold a savings contest.� Members who pledge to save at the Washington Avenue branch and/or respond to the savings quiz through Facebook will be entered to win one of two $50 Visa Gift Cards.
"I encourage anyone who is interested to visit our St. Louis Saves website and take the pledge," stated Treasurer Jones.� "There is a tremendous need in our community to help people get the resources they need to improve their financial well-being and having a job is key."
If you are interested in taking the pledge, please visit
www.stlouissaves.org.
For more information about 1st Financial Federal Credit Union and the credit union difference, please visit
www.1stfinancialfcu.org
About 1st Financial Federal Credit Union
Like all credit unions, 1st Financial is a member-owned, financial cooperative. 1st Financial Federal Credit Union was chartered on September 3, 1968 as District 837 Credit Union by the International Association of Machinist members employed by McDonnell Douglas. Today, with over 30,000 members and nearly $200 million in assets, 1st Financial is a St. Louis metro area financial institution dedicated to helping members achieve their financial dreams. For over 45 years 1st Financial has provided members with a full line of dependable financial products and services which returns profits to the members in the form of lower rates on loans and higher savings yields. The cooperative nature of credit unions enables 1st Financial to provide products and services at very reasonable rates.
1st Financial Federal Credit Union serves those who live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri and a wide array of companies throughout the St. Louis metropolitan area. 1st Financial is a member-owned, not-for-profit financial organization committed to providing quality services to the membership while demonstrating safe and sound business practices. Deposits are federally insured by the National Credit Union Administration (NCUA), an agency of the U.S. Government.
Not a credit union member? If you live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri, you can open an account today with 1st Financial Federal Credit Union. Visit
www.TheBetterWayToBank.org for more information.
1st Financial Federal Credit Union is partnering with City of St. Louis Treasurer Tishaura Jones for St. Louis Saves Week, a local part of America Saves Week which runs from February 23rd 28th, 2015.
Treasurer Tishaura Jones has teamed up with the St. Louis Regional Unbanked Taskforce, the United Way, and the Urban League to spearhead the St. Louis Saves Bank and Credit Union Designation of Excellence Challenge, an initiative challenging local banks and credit unions to promote savings and wealth-building.
The St. Louis Saves Bank and Credit Union Designation of Excellence Challenge will take place during America Saves Week February 23rd -28th.� St. Louis Saves was created by the Treasurer as a local partnership with the America Saves program, a campaign that seeks to motivate, encourage, and support low to moderate income households to save money, reduce debt, and build wealth.
Started in 2007, America Saves Week is an annual opportunity for organizations to promote good savings behavior and a chance for individuals to assess their own saving status.� Typically thousands of organizations participate in the Week, reaching millions of people.� In the FDIC National Survey of Unbanked and Underbanked Households from 2013, almost 1 in 13 American households were considered underbanked.
The Treasurers office has focused on promoting financial literacy within the underbanked population of St. Louis since Tishaura Jones took office.� 1st Financial Federal Credit Union has been one of the biggest supporters of Treasurer Jones financial education policies since her election by providing new accounts for SLATE workers and working to establish the Childrens Savings Program for the youth of St. Louis city.
Throughout the Week, 1st Financial Federal Credit Union will share articles on social media that showcase the importance of establishing a savings plan.� Members are also encouraged to take part in the America Saves #Imsavingfor $500 photo contest as well as pledge to start saving through the St. Louis Saves website.� To assist members who may not have Internet access, the Washington Avenue branch will offer an opportunity to sign up for the savings pledge in person.
Additionally, 1st Financial Federal Credit Union will also hold a savings contest.� Members who pledge to save at the Washington Avenue branch and/or respond to the savings quiz through Facebook will be entered to win one of two $50 Visa Gift Cards.
"I encourage anyone who is interested to visit our St. Louis Saves website and take the pledge," stated Treasurer Jones.� "There is a tremendous need in our community to help people get the resources they need to improve their financial well-being and having a job is key."
If you are interested in taking the pledge, please visit www.stlouissaves.org.
For more information about 1st Financial Federal Credit Union and the credit union difference, please visit www.1stfinancialfcu.org
About 1st Financial Federal Credit Union
Like all credit unions, 1st Financial is a member-owned, financial cooperative. 1st Financial Federal Credit Union was chartered on September 3, 1968 as District 837 Credit Union by the International Association of Machinist members employed by McDonnell Douglas. Today, with over 30,000 members and nearly $200 million in assets, 1st Financial is a St. Louis metro area financial institution dedicated to helping members achieve their financial dreams. For over 45 years 1st Financial has provided members with a full line of dependable financial products and services which returns profits to the members in the form of lower rates on loans and higher savings yields. The cooperative nature of credit unions enables 1st Financial to provide products and services at very reasonable rates.
1st Financial Federal Credit Union serves those who live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri and a wide array of companies throughout the St. Louis metropolitan area. 1st Financial is a member-owned, not-for-profit financial organization committed to providing quality services to the membership while demonstrating safe and sound business practices. Deposits are federally insured by the National Credit Union Administration (NCUA), an agency of the U.S. Government.
Not a credit union member? If you live, work, worship, attend school, or regularly conduct business in St. Louis City, St. Louis County, and St. Charles County, Missouri, you can open an account today with 1st Financial Federal Credit Union. Visit www.TheBetterWayToBank.org for more information.