PHILADELPHIA--(BUSINESS WIRE)--Philadelphia Federal Credit Union (PFCU) today announced its 4th annual art competition will begin on April 1, 2015, to coincide with the first day of National Financial Literacy Month. PFCU’s “Picture of Success Art Contest” will be open to Philadelphia-area students in grades 3-5 and is designed to teach children how to establish and maintain healthy financial habits. Each student will submit a work of art that depicts one of their financial goals, and winners of the contest will receive prizes for their entire classroom, along with a personal $100 savings account. The deadline to submit entries is April 30, 2015.
National Financial Literacy Month takes place each April, promoting the importance of financial literacy and establishing good financial practices. Since 2012, the art competition has prompted conversations between teachers, parents and young people about the importance of learning and practicing good financial habits starting at an early age. Since that time, more than 50 Philadelphia-area schools have participated.
“One of the most important lessons in life that a person can learn is how to successfully manage their money,” said Erin Ellis, Accredited Financial Counselor at PFCU. “Through the art contest, we’re providing parents and teachers with a tool to start conversations with kids about habits that will help them achieve their financial goals now through adulthood. We can’t wait to see students’ illustrations of their financial goals, whether that is a short-term savings goal such as purchasing a favorite toy or a long-term savings goal of saving money for college.”
All Philadelphia-area students in grades 3-5 are eligible to participate, regardless of having a membership at PFCU. Once all entries are submitted on April 30, 2015, a special committee will select ten finalists. On May 11, 2015, the artwork from the ten finalists will be posted on PFCU’s Facebook page for the public to vote on through May 25, 2015. Two winners will be announced on PFCU’s Facebook page on May 26, 2015.
“PFCU is committed to providing the financial tools and knowledge young people need to grow to become financially independent adults,” said James McAneney, President/CEO of PFCU. “PFCU’s art contest is a great way for parents and schools to take advantage of National Financial Literacy Month by teaching young people about invaluable lessons such as how to budget and save money.”
To enter PFCU’s “Picture of Success Art Contest,” read the complete rules and download the Official Contest Entry Form by visiting www.pfcu.com/artcontest. Entries must be mailed to PFCU’s Operations Center (Attention: Marketing Department, 12800 Townsend Road, Philadelphia, PA 19154) or delivered to one of the 10 PFCU branches no later than April 30, 2015.
For more information or to hear about other work PFCU is doing in the Philadelphia community, please visit: http://bit.ly/O73rAd.
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 $934 million in assets, 112,000 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.
