Mobile, AL: New Horizons Credit Union has earned the Military Saves Designation of Savings Excellence award for efforts in financial education stressing the importance of saving during Military Saves Month. This honor is reserved for financial institutions that succeed in getting people to open or add to wealth-building accounts and take the pledge to save.
The pandemic, economy, and world affairs are an unfortunate situation that is currently impacting military families and their finances. The timing of Military Saves Month has helped to spearhead the conversation around saving during a national crisis and help service members and their families take action toward their savings plan. Military Saves Month, held in April, is an annual opportunity for the military community to assess their savings status and make a plan to start or increase saving, and for organizations like New Horizons Credit Union to support good savings behavior.
“New Horizons Credit Union is honored to receive this award. Our community has a large Coast Guard presence as well as other armed services to whom we are truly grateful. We are proud to support National Military Saves Month and advocate financial literacy and saving.” commented Edith Franklin, President/CEO of New Horizons Credit Union.
To further the savings initiative, New Horizons Credit Union partners with GreenPath Financial Wellness to offer free budgeting resources, webinars, and debt management tools designed to develop savings goals and build credit. These GreenPath tools are available at NewHCU.org. The National Military Saves program also offer consistent social media saving messages which New Horizons Credit Union was able to incorporate during the campaign period to encourage taking the pledge to save. Plus, New Horizons Credit Union offers a Horizons Heroes Account which offers money saving perks to our active military and all first responders. The Militarysaves.org link resides at NewHCU.org continually for anyone wishing to learn more and pledge to save.
About New Horizons Credit Union:
New Horizons Credit Union is a not-for-profit financial cooperative established in 1950 serving members that live, work, worship, and attend school throughout southeast Alabama and northwest Florida with several full service offices, free worldwide ATM service through Allpoint, and free 24/7 Online and Mobile account access at NewHCU.com. New Horizons Credit Union offers its members, Solutions for the Real World. New Horizons CU is federally insured by the NCUA and is an Equal Housing Lender. For details on all services and membership information, visit NewHCU.org
About Military Saves
Military Saves is an initiative of America Saves, a campaign managed by the nonprofit Consumer Federation of America that uses the principles of behavioral economics and social marketing to motivate and support the military community to save money, reduce debt, and build wealth. Military Saves encourages individuals and families to take the Military Saves pledge and organizations to promote savings during Military Saves Month. Learn more at Militarysaves.org.