GreenPath Contribution Sponsors New Incentives for National Youth Saving Challenge

02/07/2014
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GreenPath Contribution Sponsors New Incentives for National Youth Saving Challenge 

FOR IMMEDIATE RELEASE

Contacts:

Ben Fishel - CUNA Communications; (202) 508-6294; bfishel@cuna.coop

Amy Nigrelli - CUNA Marketing; (608) 231-4246; anigrelli@cuna.coop

Madison, Wis. (February 10, 2014) - This year's National Youth Saving Challenge™  offers new incentives for youth to save the month of April. The prizes for youth and credit unions are made possible by a sponsorship from GreenPath Debt Solutions , a nationwide, non-profit, credit counseling organization. In conjunction with National Credit Union Youth Week ™, the National Youth Saving Challenge helps build long-lasting financial savvy and strong relationships between youth and their credit unions.

"Every day, we see adults struggling with debts and money management issues that could have been prevented by a spark of financial education at an early age," said Jane McNamara, President & CEO of GreenPath. "By helping credit unions reach a younger audience, we believe that we are not only setting each individual person up for a financially savvy life, but contributing to the prosperity of the nation's future."

GreenPath's contributions to the Saving Challenge include:

  • Prizes for youth - increasing the number of $100 cash prizes from 10 to 25 given to participating youth in 2014.
    • Additional prizes for participating credit unions supporting this initiative.

    "As part of the 2013 National Youth Saving Challenge, more than 117,000 young members deposited $25.2 million into their savings accounts-with 6,173 of those being new accounts.  With the sponsorship from Greenpath, we're aiming to attract even more young savers," said CUNA's Youth Week coordinator, Janet Garkey."

    For more information about the National Youth Savings Challenge, available prizes for participating credit unions and how to get involved, visit cuna.org/youthweek .

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    About CUNA:

    With its network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves America's 6,900 state and federally chartered credit unions, which are owned by more than 98 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information about CUNA, visit www.cuna.org  or follow @CUNA  on Twitter. For more information about credit unions, visit www.aSmarterChoice.org  and follow @asmarterchoice  on Twitter. Visit the CUNA Press Room  for a full listing of media mentions, press releases and resources to stay informed on current events within the credit union industry.

    About GreenPath Debt Solutions:

    GreenPath Debt Solutions  is a nationwide, non-profit financial organization that assists consumers with credit card debt, housing questions and bankruptcy concerns. Their financial counseling works to build individual member fiscal responsibility and improve bottom line results.

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