R.I.A. Federal Credit Union was honored with the America Saves Designation of Savings Excellence for Credit Unions on Wednesday, May 18, 2016 in Washington D.C. at the America Saves National Savings Forum.
R.I.A. Federal Credit Union and the 18 other recipients of the designation also received a Designation of Savings Excellence seal for their websites.
The designation recognizes credit unions that go above and beyond to encourage people to save money during America Saves Week.
With 325 R.I.A. Federal Credit Union members participating, a total of $63,497.83 was saved during America Saves Week. R.I.A. Federal Credit Union awarded one winner with $500 for taking the savings pledge through their website.
"For years, banks and credit unions have participated in America Saves Week by offering products and services that encourage individuals to save money and build wealth," said Nancy Register, National Director of America Saves.
"America Saves launched the America Saves Designation of Savings Excellence in 2015 that recognizes credit unions that go above and beyond to promote and support saving during America Saves Week. This year we are proud to recognize and announce the second group of credit unions that achieved this designation."
America Saves Week is an annual opportunity for credit unions to encourage individuals to save money – with an emphasis on reaching low- to moderate-income families. America Saves is recognizing exceptional credit unions that succeed in promoting savings or other wealth building accounts and have high levels of accounts opened or added to during America Saves Week 2016.
For more information about the America Saves Designation of Excellence for Credit Unions, please visit http://americasavesweek.org/for-organizations/financial-institutions/credit-union-designation-of-excellence-criteria.