Patelco Credit Union Receives Financial Capability Innovation Award
July 24, 2018
PLEASANTON, CA — Patelco Credit Unionwas honored with the 2018 Financial Capability Innovation Award presented by EVERFI, Inc., recognizing Patelco’s significant efforts to improve the financial capability of Americans through its Financialocity member digital learning initiative.
“Patelco Credit Union is committed to providing members with the skills and knowledge needed to successfully navigate the increasingly complex financial world we live in,” said Patelco’s President and CEO, Erin Mendez. “The Financial Capability Innovation Award is a tremendous honor and validates our partnership with EVERFI to bring our members the Financialocity Center, at no cost, to help them achieve personal financial health and wellbeing.”
“Each year, we honor institutions that are truly dedicated to going above and beyond in service to their communities,” said Ray Martinez, EVERFI President of Financial Education. “The Financial Capability Innovation Awards have given us the opportunity to share and celebrate the tremendous investment these institutions are making and continue to make in the communities where they live, work, and serve. For EVERFI, our time here reminds us just how critical the role innovation continues to play in empowering Americans to pursue economic opportunity and achieve financial security for themselves, their families, and their community.”
The Financialocity Center offers a series of 24 adult financial education-learning topics, with subjects including building emergency savings, mortgage education and retirement planning. Each learning topic is 3-10 minutes in length and is designed to encourage members to build financial confidence via a series of interactive activities. The mobile and tablet-friendly program is available in English and Spanish.
About Patelco Credit Union
Pleasanton, California-based Patelco Credit Union is a not-for-profit credit union committed to serving the financial health and well being of its membership. With more than 330,000 members primarily in and around northern California, Patelco is committed to fueling hope and opportunity for its members by offering personalized solutions, advice, and expertise that empower them to achieve personal financial freedom. Founded in 1936 with $500 in assets by employees of the Pacific Telephone and Telegraph Company, Patelco is in the top one percent of U.S. credit unions with more than $6 billion in assets.