New York/Indianapolis — Elements Financial recently brought honors home from the third annual Financial Capability Innovation Awards presented by the nation’s leading technology innovator, EverFi, Inc. Presented at Nasdaq Marketsite in New York City, the award recognizes the Indianapolis-based credit union’s significant efforts to improve the financial capability of Americans through unique digital learning initiatives.
All honorees were selected based on a set of criteria that included the scale and reach of their financial education initiatives, the duration of their commitment, and unique employee volunteering activities that supplement their programs.
“Financial wellness is at the core of what we do,” said Schlehuber. “That’s what makes this award special and impactful to us. We come to work every day seeking to build relationships to improve the financial success of our members. Our educational programs represent a key component of that strategy, enhancing the competitive products and member value we offer.”
Elements Financial is committed to providing its members with the skills and knowledge needed to successfully navigate an increasingly complex financial world. Elements has partnered with EverFi to bring an online financial education center to credit union members at several partner companies at no cost to them. The credit union has reached 2,200 individuals since the program launched in early 2016. The web-based program brings complex financial concepts to life for today’s digitally-minded learners.
The web-based courses offer more than six hours of programming on a variety of financial topics. The topics include credit scores, insurance, credit cards, student loans, mortgages, taxes, stocks, savings, 401(k)s, and other critical concepts. The platform uniquely tracks the progress and performance of every participant, which helps human resources professionals award wellness program points to their employees for completion of courses.
“Each year, we travel to the birthplace of the American financial system to honor institutions that are truly dedicated to going above and beyond in service to their communities,” said Ray Martinez, EverFi President of Financial Education. “The Financial Capability Innovation Awards have given us the opportunity to share and celebrate the tremendous investment these institutions are making in the communities where they live, work, and serve.”
Pictured left to right: Ron Senci, Executive Vice President of Lending and Sales; Lisa Schlehuber, Chief Executive Officer; and Todd Shickel, Vice President of Business Development
About Elements Financial
Elements Financial is a diversified federal credit union with assets of more than $1.3 billion and 80,000+ members in all 50 states and 50 foreign countries. As a financial wellness provider, Elements serves individuals through our original sponsor Eli Lilly and Company and more than 100 companies across Indiana and nationally. Beyond six Elements branches in Central Indiana, we provide access to more than 5,500 shared branch locations nationally and 72,000 surcharge-free ATMs globally. Elements Wealth Management is a full-service investment management and financial planning firm with more than $500 million in assets under management. In 2016, our members realized savings of $16.4 million just by doing business with us*, thanks to great rates and low fees. Join us at elements.org to learn more. *Competitive Values are estimated by comparing historical rates and fees at Elements Financial and the five banks and credit unions with the largest market share in Central Indiana; data valid as of 8/31/16. Federally Insured by the NCUA
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence. Nasdaq uses proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of approximately $9.6 trillion and nearly 10,000 corporate clients. To learn more, visit business.nasdaq.com.
About EverFi
EverFi, Inc. is the education technology innovator that empowers K-12, higher education, and adult learners with the skills needed to be successful in life. The company teams with major corporations and foundations to provide the programs at no cost to K-12 schools. Some of America’s leading CEOs and venture capital firms are EverFi investors including Amazon founder and CEO Jeff Bezos, Twitter founder Evan Williams, and Google Chairman Eric Schmidt. Learn more at everfi.com.
