The Desjardins Youth/Adult Financial Education Awards recognizes leadership within the credit union movement on behalf of youth/adult financial literacy. They consider all activities supporting the personal finance education of members and nonmembers, including, but not limited to, face-to-face teaching, publicity, lobbying for curriculum requirements, teacher and volunteer training, and promotion and use of the NEFE High School Financial Planning Program® (HSFPP).

Naming these awards after Alphonse Desjardins emphasizes the movement's long-time commitment to financial literacy. Besides founding the first credit unions in Canada and the U.S., Desjardins pioneered youth savings clubs and in-school "banks," known as caisses scolaires.

For more information on the Desjardins Awards, including a list of FAQs and secrets of a winning entry, click here.

2013 Winners - Youth

ASSET SIZE: $150-500 million

1st Place: Finance Center FCU
Financial Center FCU has several initiatives that are focused on Adult financial literacy. The credit union has completely revamped its educational seminar program to align with its new brand promise to "help members improve their financial lives."The credit union does a series of Wealth Builder workshops. They have three categories that offer relevant seminars to members. Members register for a workshop track, and if they attend three or more seminars in the series, they receive $100 from Financial Center. The Beginner track focuses on understanding and improving credit, planning for retirement early in life, insurance and budgeting basics. The Advanced series covers retirement, understanding Social Security, estate planning and advanced investment strategies. The Business series focuses on improving business efficiency and includes QuickBooks training, legacy planning, and business tax laws. Average attendance in 2013 is 28 per session and several additional one-on-one appointments have been scheduled as well. "The Hub" is an online money management tool that allows members to design a budget, set savings goals, monitor their spending habits and be more conscious of their money flow.

Financial Center FCU also offers Lunch ‘N Learn financial sessions for seminars for HSA members, which have attracted more than 9,000 new members, $10 million in HSA deposits and 187 new business relationships. There is also a Latino Outreach, which has been in place since 2009. The credit union offers financial literacy sessions once a month in cooperation with the Mexican Consulate in Indianapolis. The credit union also sponsors the Indiana Latino Expo.

2013 Winners - Adult

ASSET SIZE: $150-500 million

1st Place: Finance Center FCU
The credit union has a number of successful programs for youth. The centerpiece is the classroom instruction and student-run branches, reaching more than 2,600 students. The NEFE curriculum is taught at North Central High School, Arsenal Tech High School, Indiana River Valley Resources and St. Vincent Health. The credit union’s involvement with business students allows them to spend four weeks on topics including setting financial goals, saving and investing, applying the "Rule of 72," being responsible with accounts, and much more. Financial Center also offers student internships at its student-run branches at the two high schools. Student interns get real-life work experience as tellers. They manage a cash drawer and learn about branch operations and member confidentiality. Often these internships open up opportunities for employment later on. Financial Center also offers one-on-one student advisement for students and parents. The student-run branches offer a match on a student’s first deposit up to $25 to encourage good savings habits. The credit union has also expanded its give-back programs to Cathedral and New Palestine High Schools where it offers custom debit/credit cards. Additionally, Financial Center awards $2,000 in annual scholarships to North Central High School, Arsenal Tech High School and New Palestine High School seniors who want to further their educations.

2012 Winners - Youth

ASSET SIZE: $150-500 MILLION
 
1st Place: Finance Center FCU
Youth Financial Community Outreach
 
ASSET SIZE: $50-150 MILLION
 
1st Place: Indiana State University FCU
Tiger Cubs Pack #17
 

2012 Winners - Adult

ASSET SIZE: $150-500 MILLION
 
1st Place: Finance Center FCU
Adult Financial Community Outreach
 

2011 Winners

ASSET SIZE: $150-500 MILLION

1st Place: Finance Center FCU
Financial literacy in the community and a guiding strategies for serving members and the community.

ASSET SIZE: $500 MILLION OR MORE

1st Place: Centra CU
Commitment to improving financial literacy in the community

ASSET SIZE: $150-500 MILLION

1st Place: Finance Center FCU
Incorporating financial education in Indianapolis-area high schools

2010 Winners

ASSET CATEGORY: $50-150 MILLION

First Trust Credit Union
CU in School provides a realistic, student-based point of view on gaining financial literacy

ASSET CATEGORY: $50-500 MILLION

Finance Center Federal Credit Union
In an age of multi-tasking, multi-faceted strategy employed to educate high school students

2009 Winner

ASSET CATEGORY: OVER $250 MILLION

First Place: Finance Center FCU
Financial Literacy and Student Credit Union Program

2008 Winners

ASSET CATEGORY: $35-75 MILLION

First Place: Independent FCU
AEF/IFCU Grant for Economics

ASSET CATEGORY: $75-250 MILLION

First Place: REGIONAL Federal Credit Union
Setting Goals and Establishing the Groundwork for Good Money Habits

ASSET CATEGORY: OVER $250 MILLION

First Place: Finance Center Federal Credit Union
Financial Literacy & Student Credit Union Program

2007 Winners

ASSET CATEGORY: $250+ MILLION

First Place: Eli Lilly Federal Credit Union
Creative Ways to Teach Children and Parents About Money Concepts

ASSET CATEGORY: $35-$75 MILLION

First Place: Indiana State University Federal Credit Union
Working with Junior Achievement to Present Economics 101

2006 Winners

ASSET CATEGORY: $20 TO $80 MILLION

First Place: Perfect Circle CU
Financial Education Roadshow

Second Place: Evansville FCU
“Together, we’ll make it happen.”

ASSET CATEGORY: OVER $200 MILLION

First Place: Bayer FCU
NEFE education program at the Bashor Children’s Home

2005 Winners

ASSET CATEGORY: $20-$80 MILLION

First place: Perfect Circle CU
Youth Financial Literacy

ASSET CATEGORY: MORE THAN $200 MILLION

First place: Purdue EFCU
PEFCU at School

Honorable mention: Indiana University EFCU
High School Financial Literacy

2004 Winners

ASSET CATEGORY: $20-$80 MILLION

First place: Evansville FCU
Multiple projects for youth financial literacy

ASSET CATEGORY: $200 MILLION AND MORE

First place: Purdue EFCU
Multiple projects to develop youth financial literacy

Second Place: MidWest America FCU
Children and Money Workshops

Honorable Mention: Evansville Teachers FCU
Credit union youth projects, work with community groups

2003 Winners

ASSET CATEGORY: $80 TO $200 MILLION

First Place: Marion School EFCU
 

ASSET CATEGORY: MORE THAN $200 MILLION

First Place: Centra CU

Second Place: Professional FCU