(Washington, D.C.) June 8, 2023 – America Saves announced New Horizons Credit Union as a recipient of the 2023 Designation of Savings Excellence Award (DOSE), the only national award focused on recognizing financial institutions for their work in helping Americans improve financial stability. The coveted honor highlights financial institutions that made an extraordinary effort to promote positive saving behaviors in their community during the annual America Saves Week campaign.
The America Saves’ Designation of Savings Excellence is awarded to financial institutions that display exceptional achievement by motivating individuals to become more financially stable. During the campaign, New Horizons Credit Union went above and beyond with educating members about Direct Deposit, New Start Checking, GreenPath Financial Wellness, and Horizons Heroes Accounts.
“America Saves has the distinct honor of working with financial institutions that actually care about their customers and members,” said Kia McCallister-Young, Director of America Saves. “That has always been a stand-out point to me, that the organizations that participate in America Saves Week go the extra mile; there’s no requirement to join this campaign, they’re here because they WANT to be, and they believe in the message of helping their employees, constituents, and community be more financially confident. We’re thrilled to honor these financial institutions and highlight their hard work.”
America Saves Week is a time-honored, annual national event bringing together thousands of organizations across multiple sectors to transform the lives of Americans by encouraging them to save successfully. The event is coordinated by America Saves. New Horizons Credit Union alongside other participating financial institutions helped reach nearly nine million people and during the weeklong event, individuals deposited more than $788 million into new or existing savings accounts.
“We are indeed honored to receive the Designation of Savings Excellence award because New Horizons Credit Union’s mission embraces financial education. We will always offer free credit building and saving resources,” said Edith Franklin, President/CEO of New Horizons Credit Union.
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About America Saves
America Saves is a campaign managed by the nonprofit Consumer Federation of America that uses the principles of behavioral economics and social marketing to motivate, encourage, and support low-to-moderate income households to save money, reduce debt, and build wealth. America Saves encourages individuals and families to take the America Saves pledge and organizations to promote savings year-round and during America Saves Week. Since its inception, over 12,000 organizations have participated in America Saves Week to promote savings to their communities. Learn more at americasaves.org.
About New Horizons Credit Union:
Established in 1950, New Horizons Credit Union is a not-for-profit financial cooperative, governed by a member-elected, volunteer Board of Directors and is the largest locally based Credit Union in Mobile, AL serving members worldwide through a variety of electronic services. New Horizons Credit Union is federally insured by the NCUA and is an Equal Housing Lender offering solutions for the real world. For details on services and membership, call (251) 316-3240 or visit NewHCU.org.