BATON ROUGE, La. (2/9/09)--E FCU, in conjunction with Consumer Credit Counseling Services and TV stations NBC33
, recently announced four families have been chosen as finalists for The Biggest Loser: Financial Edition.
The Hall family: Howard, Shawanga, and their children, Christian, K’Lynn, Connery and Kassidy, of Zachary, La., are one of four Baton Rouge, La., families participating in “The Biggest Loser: Financial Edition” sponsored by E FCU, Baton Rouge, and four area TV stations. (Photo provided by E FCU)
Throughout the eight-month competition, four Baton Rouge-area families will be challenged to improve their financial situation by saving money and reducing debt with the help of a team of financial coaches. The family that reaches or exceeds its financial goals by the greatest percentage will win $10,000 from the $214.7 million asset, Baton Rouge-based E FCU. Runners-up will win cash prizes as well--$5,000 for the second place family, $2,500 for third, and $1,000 for fourth. Most important, each family's members will have learned life-long financial lessons they'll never forget, the credit union said. The competing families are:
* The Hall family: Howard, Shawanga and their children, Christian, KfLynn, Connery and Kassidy of Zachary; * The Willis family: Chandler, Claire and their children, Evangeline and Gabrielle of Baton Rouge; * The Ridings family: Kevin, Susan and their children, Amanda and Kaitlin of Gonzales; * The Smith family: Kristi and her children, Shelby and Kalyn of Walker.
The families' progress will be chronicled on Tuesday nights during Fox News
Baton Rouge at 9 p.m. CST and NBC33
News at 10 p.m. CST. The entire Baton Rouge community can "play along at home" and improve their financial status along with the families online. Through a website, community participants can read the families' weekly blogs, watch clips from televised interviews, sign up for monthly savings tips, join a family's booster club, and download the same tools and resources the competing families use to improve their finances. "With the current economic climate, many families in the area are struggling to reach financial goals," said Ken Bordelon, CEO of E FCU. "Our hope is that while we help the four families to succeed financially, we also reach many in our community and inspire them to improve their financial lives as well." E FCU also will host quarterly financial seminars open to the entire community on budgeting, financial planning, and identity theft with Consumer Credit Counseling Services. To see the three families not pictured here, use the links: