BLOOMINGTON, Minn. (7/18/14)--The Minnesota Credit Union Foundation (MCUF) is taking steps to improve financial literacy in the state of Minnesota. As part of that effort, the foundation recently asked supporters to take steps as well: five kilometers-worth of them.
|The Minnesota Credit Union Foundation's Financial Literacy 5K helps raise awareness for financial education. The inaugural race was July 12 at Lake Normandale in Bloomington, Minn. (Minnesota Credit Union Foundation Photo)
Nearly 300 people participated in MCUF's inaugural Financial Literacy 5K, held in Lake Normandale in Bloomington, Minn. The event, which featured a walk/run for adults and a half-mile run for kids, included awards for first-place male and female finishers, and for the top three male and female finishers in six age categories.
Credit unions, schools and organizations who registered five or more participants were eligible to win the team award, which will be announced this month.
"Hosting this 5K event raises awareness of the need for consumers to have greater knowledge and understanding of money management," said Pat Brekken, MCUF chair. "The strong turnout today highlights the key role that credit unions play in improving the lives of the members and communities they serve."
Added Kristina Wright, MCUF executive director: "Our efforts as a foundation are small compared to the time and energy that our state's credit unions dedicate on an ongoing basis to providing personal finance education to members, students and members of the community."