Mid American wins state award for kids’ financial literacy efforts
Mid American Credit Union has won the state-level credit union Desjardins Youth Financial Education Award. As the first place winner, Mid American will go on to compete in the national competition, sponsored by the Credit Union National Association.
The credit union won the award for teaching a financial literacy course in 2010 as part of a summer youth program in two of Wichita’s most culturally diverse and economically disadvantaged neighborhoods.
It was the first time Mid American participated in the program, which started in 2002 as an initiative to provide safe, structured low-cost activities to at-risk youth. It is sponsored by the Wichita Police Department, the Park and Recreation Department, and the city manager’s Community Education Section, and is offered in five Wichita neighborhoods.
Mid American staffers taught more than 200 youth about various aspects of money — its history, how it’s used and how it’s earned and saved —during weekly one-hour sessions.
The 2010 financial literacy pilot program proved so successful that the credit union will offer the course in all five of the program’s camps this summer.
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