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ST. PAUL, Minn. �� The Minnesota Credit Union Foundation recently announced the award of $10,000 in financial education grants to three credit unions. All grant funds will be used to further the credit unions�� diverse financial education programs or initiatives that benefit members and communities.

Recipients were chosen by the Foundation Board of Directors based on a variety of factors, including credit union value, community impact, collaboration and creativity.

��The Foundation Board was very impressed with the applications we received this fall,�� said Foundation Chairman Pat Brekken. ��It��s impressive to get a closer look at some of the amazing initiatives being coordinated by Minnesota credit unions, and I��m proud that the Foundation can be a resource to provide financial support to these important programs.��

Fall 2013 Financial Education Grant recipients include:
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Minnesota Power Employees Credit Union
Foundation grant funding will support MPECU��s partnership with the Duluth Children��s Museum to enhance its ��Moneyville�� financial education exhibit. This display features interactive, hands-on tours through a mock city to learn economic concepts and experience real-life decision-making scenarios. Moneyville can be toured by the general public or coordinated as a school classroom field trip program.
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Postal Credit Union
Foundation grant funding will help PCU develop a peer-to-peer financial education seminar series to deliver to students at Tartan High School, where PCU opened a student-run credit union in early 2013. The education series will provide an in-depth look at four key pillars of financial literacy, including budgeting, saving, credit and money management.
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St. Paul Federal Credit Union
Foundation grant funding will support SPFCU��s efforts to open a student-run credit union at Harding Senior High School in St. Paul. This innovative approach to financial education teaches students the basic principles and practices of business, marketing and financial institution operations.

With the mission of providing resources for credit unions and communities to prosper and thrive, the Foundation has a strong commitment to financial education. This is the inaugural year of the Foundation��s Financial Education Grant Program. The program debuted in the spring with the first round of grant awards and will continue with a spring and fall grant period in future years. Additional information and details are available on the Financial Education Grants page of the Foundation website. (www.mncufoundation.org/grantprograms/financial-education-grants)

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