Philadelphia Federal Credit Union Announces 2nd Annual Back-to-Savings Art Competition Winners
Through art competition, credit union partnered with local schools to teach young
people the importance of saving money and awarded schools with needed resources
Philadelphia, PA, December 9, 2013 – Philadelphia Federal Credit Union (PFCU) today announced the winners of its 2nd annual “Back-to-Savings Art Contest,” designed to teach 3rd-5th grade students the importance of starting to save money at a young age. This year’s winners, Justin Dennis, a 3rd grader at St. Francis de Sales Catholic School and Jason Chen, a 4th grader at Blessed Trinity Regional Catholic School, were surprised last week when Moola Moola, PFCU’s mascot and financial educator, visited their classrooms. Winners of the art contest received school supplies for their entire classroom (a $250 value), along with a personal $100 PFCU savings account.
“We’re extremely proud of Philadelphia area students for participating in our art competition and their mastery of the topic of saving money,” said Dominique Jenkins, Financial Educator at Philadelphia Federal Credit Union. “Saving money is an essential habit to becoming a financially responsible adult and a habit that PFCU hopes young people will practice for their entire lives.”
Hundreds of local young artists were tasked with submitting a work of art depicting their favorite activity that is inexpensive and then describing what they do with the money they save. A special committee selected six finalists which, in addition to Dennis and Chen, included:
- Annika Felt, 5th grader at Calvary Christian Academy
- Paris Jordan, 5th grader at Ellwood Elementary School
- Erin Loftus, 4th grader at Our Lady of Calvary School
- Mayteni Nay, 5th grader Francis Scott Key School
Thousands of Philadelphians voted for their favorite entries on the credit union’s Facebook page, which ultimately named Dennis and Chen this year’s winners.
Students from nearly 20 schools in the Philadelphia area participated in the art competition. This year, PFCU expanded its program to include classroom presentations at area schools given by PFCU’s financial educator. The presentation was designed to teach students creative ways to save money and the benefits of saving money.
Philadelphia area schools interested in participating in PFCU’s “Back-to-Savings Art Contest” in 2014 are encouraged to email PFCU at artcontest@PFCU.com to request information.
About Philadelphia Federal Credit Union
Founded in 1951, PFCU is a member-owned, not-for-profit, financial institution serving Philadelphia and Columbia County. PFCU is among the top five credit unions in the Greater Philadelphia area with ten branch locations, more than $878 million in assets, 110,675 members and more than 400 Select Employee Groups (SEGs). PFCU returns its profits to members in the form of higher dividend rates, lower loan rates, better services, and investment in the community. For more information, visit www.pfcu.com and connect with PFCU on Facebook and Twitter.