The Radcliff, Ky.-based Abound Credit Union has partnered with Elizabethtown Community and Technical College (ECTC) to help college freshman become grounded in how to handle their finances by launching the EverFi Achieve platform.
As described in a release, the platform is “a mobile-first financial education solution designed to help young adults build healthier financial futures.”
The March launch was part of the college’s transition to non-traditional instruction during the early stages of the COVID-19 outbreak, and utilizes web-based training modules for students put together by Abound staff members.
“At Abound Credit Union, we firmly believe that knowledge leads to opportunity,” Abound EVP Becky Ates said. “That’s why we’re committed to sharing our financial strength and knowledge so that more hard-working Kentuckians can build healthier financial futures. It’s been a privilege to partner with ECTC on this initiative.”
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The launch on the EverFi Achieve platform is just one of Abound’s educational outreach efforts. The credit union, which until February was known as Fort Knox Federal Credit Union, is one of the sponsors of the Kentucky Financial Empowerment Commission.
The commission, created by legislation that passed both houses of the General Assembly in 2019, aims to increase financial literacy among Kentuckians, including elementary and high school students, veterans and the disabled.
The credit union also launched the Fort Knox Federal VAULT program last year, which instructs elementary school students in financial literacy. In 2019 it won the Credit Union National Association Award for Youth Financial Literacy.
The 70-year-old credit union has 18 locations in Kentucky with $1.7 billion is assets and serves more than 110,000 military and civilian members.