NORTH HAVEN, Conn.—Connex Credit Union has awarded Janet Colandrea, a single mother, $5,000 for her participation in its “ConneXfactor” competition.
ConneXfactor is a contest in which four Connex CU members competed on improving their financial situation by setting and meeting specific goals.
According to Connex CU, each participant was assigned a dedicated financial advocate or “coach” who provided financial tips and techniques to improve personal finances. Their successes were documented and closely monitored for the entire contest. A panel of judges reviewed each contestant’s progress to determine the winners.
“I am ecstatic that we won,” said Janet Colandrea. “ConneXfactor really taught me how to be more thoughtful and wiser with my personal finances. Working together with Connex, I was able to stick to a new budget plan, prioritize my finances, and ultimately reduce debt and save for my son’s college education. This contest was a life-changing opportunity that really helped put me in a better place.”
Janet was presented with an oversized check for the grand prize of $5,000 at a recognition ceremony at Connex’s branch in Orange, Connecticut. Three other winners also received cash prizes.
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