OWATOMA, Minn. – HomeTown Credit Union has received the Editor’s Choice Award for Community Commitment and also been 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. The credit union also offers 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 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.
“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,” said Halverson.
Halverson and HomeTown CU have provided financial literacy education to more than 2,000 members and non-members.
The CU also allows employees paid time off to volunteer at local organizations, and manages “Fare for All” out of its 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.
In addition to dedicating time and resources to financial education for members and non-members, HomeTown said it also 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. It also partners with the local Big Brothers Big Sisters for hands-on youth engagement opportunities to encourage and shape financially responsible adults.