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Mission SF FCU Travis CU receive Calif. foundation awards
SAN FRANCISCO and VACAVILLE, Calif. (11/24/10)--Mission SF FCU in San Francisco and Travis CU in Vacaville, Calif., are the 2010 recipients of the Beacon Award from the Richard Myles Johnson (RMJ) Foundation, the state foundation for credit unions in California and Nevada.
Richard Myles Johnson Foundation Beacon Award Finalists and Award Recipients are, from left: Brett Martinez (Redwood CU, finalist); Andy Anderson (Travis CU, award recipient); Margaret Libby (Mission SF FCU, award recipient); Patsy Van Ouwerkerk (Travis CU, award recipient); and Crystal Lyon (Silver State Schools CU, finalist). (Photo provided by the California Credit Union League)
The award was presented at the seventh annual Beacon Awards Gala Reception Nov. 14 in Anaheim, Calif. Mission SF FCU was honored in the under-$100-million-asset category for its Prize-linked Accounts for Youth (PLAY) program, which provides youth with a free savings account and a hands-on way to learn personal finance and build a savings habit. Five youth groups and about 50 youngsters participated in a pilot program earlier this year. The youth set a personal savings goal to buy something they want--such as a cell phone or school supplies--while learning the basics of finance. Travis CU was recognized in the more-than-$100-million-asset category for its collaboration with a coalition of community leaders to help foster youth succeed as independent adults. The credit union provided Solano County foster youth tools for financial responsibility through its Money Matters program. Money Matters helped 50 Solano County foster youth become more financially stable through training, and helping them open a personal savings account with oversight from mentors. The Beacon Award, the Foundation’s highest honor, recognizes promising or exemplary financial education programs or projects that provide information to the broader credit union community and the general public. The foundation is dedicated to providing community service grants to support credit union efforts in spreading the financial literacy message to young people.


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