HomeTown Credit Union Wins (Youth/Adult) Financial Education Award
Tuesday, October 8, 2019
HomeTown Credit Union -OWATONNA, Minn. (October 8, 2019) - HomeTown Credit Union of Owatonna received the Editor’s Choice Award for Community Commitment and was recognized for advancing financial wellness in southern Minnesota through education, counseling, and volunteerism. The award, sponsored by BadCredit.org, recognizes the financial education and resources HomeTown Credit Union provides to community members, as well as their contributions to local, charitable organizations.
HomeTown CU partners with EverFi – an online financial education resource, to provide its members and non-members with educational resources that can be accessed at their own discretion. They also offer one-on-one financial coaching to cover topics such as budgeting, savings, building credit and dealing with student loans. HomeTown also commits to working with local organizations and non-profits to help those in need of financial guidance.
Community Education Coordinator, Kurt Halverson has received an Adult Financial Literacy award recognizing his work with individuals at a local women’s shelter, Habitat for Humanity, and those recovering from addiction. In addition to dedicating time and resources to financial education for members and non-members, HomeTown plays a big role in financially educating the up-and-coming generations by operating a branch out of the local Owatonna High School. The Credit Union works with students to prepare them for financial adulthood and offer presentations and financial guidance. They also partner with the local Big Brothers Big Sisters for hands-on youth engagement opportunities to encourage and shape financially responsible adults.
HomeTown Community Education Coordinator, Kurt Halverson, stated, “I absolutely love the position I have. It’s a great fit for my skills and passion and interests, so it comes naturally to me. Every day, I look forward to coming to work.” At HomeTown Credit Union one of the Credit Union’s Core Values is that of education. Through the efforts of Kurt, HomeTown is able to provide financial literacy education to more than 2,000 members and non-members. Not only does HomeTown offer financial guidance and resources, they also place emphasis on giving back to the community through offering employees paid time off to volunteer at local organizations, and managing “Fare for All” out of their Faribault location, a service that sells fresh produce and meat at cost to make healthy food more accessible. Branch employees also assist people with the monthly food distribution evenings.
HomeTown Credit Union serves a rural area and place value in financially educating both their current members, as well as non-members. They continue to provide support to local organizations and non-profits to help shape the idea of what “Community” means to them, and they continue to show passion and commitment in their work to help foster financial growth in the area. This is why they have been recognized as the winner of the BadCredit.org Editor’s Choice Award for Community Commitment.
HomeTown Credit Union serves Steele, Rice, Waseca and Dodge counties and has been a well-known staple of the Southern Minnesota dating back to 1974. The credit union has a unique structure of being owned by its members who are represented by an unpaid volunteer board of directors. HomeTown takes pride in its investment and involvement in the communities they serve, and decisions being made locally.