BRENTWOOD, Tenn.--(BUSINESS WIRE)--Churchill Mortgage announced the winner of its $5,000 nationwide sweepstakes, which was developed in recognition of Financial Literacy Month and as part of its commitment to financial health and education. Officially established in 2004, Financial Literacy Month is celebrated every April and is dedicated to teaching Americans how to establish and maintain healthy financial habits.
The winner is 60-year old Michael Bodnar, a resident of Carnegie, Penn. and employee with the Port Authority of Allegheny County. “I enter contests quite frequently and this is my biggest win so far, so we’re going to be smart about how we use the money,” said Bodnar. “After all, that’s what financial literacy is all about: knowing your limits, identifying what your future needs will be and working toward that.”
Click here to read a Q&A between Churchill and Bodnar and learn how he plans to invest his winnings.
The National Financial Educators Council recently surveyed 2,409 people on what high school-level course would benefit them the most. An overwhelming 54 percent selected “Money Management (Personal Finance)”, emphasizing the need for greater financial educational resources. As a lender focused on providing borrowers with a personalized path to debt-free homeownership, Churchill is dedicated to educating borrowers to ensure that they choose the right home and build wealth over time through a smarter mortgage.
“Financial literacy is a bigger issue than saving for a home purchase – it’s about making wise decisions every day and understanding the lifelong implications of each one,” said Mike Hardwick, president of Churchill Mortgage. “Education leads to empowerment, which leads to more confidence in exercising responsible financial practices. As lenders, we have a fiduciary duty to help others by guiding individuals with the heart of a teacher and providing resources to help them achieve financial freedom.”
Founded in 1992, Churchill Mortgage operates with zero debt and focuses on providing borrowers with a personalized path to debt-free homeownership. The result is an educated borrower that chooses the right home and builds wealth over time through a smarter mortgage.
About Churchill Mortgage®
Founded in 1992, Churchill Mortgage is a privately owned company by its more than 400 employees. A full-service and financially sound leader in the mortgage industry, the company provides conventional, FHA, VA and USDA residential mortgages across 44 states. As heard on personal finance expert and author Dave Ramsey’s nationally syndicated radio show, the lender’s mission is to help borrowers achieve debt-free homeownership and build wealth through a smarter mortgage plan, regardless of their starting point. Churchill Mortgage is a wholly-owned subsidiary of Churchill Holdings, Inc.
Churchill Mortgage’s notable achievements include recognitions as a “Top Lender” by Scotsman Guide: Residential, a four-time “Top Workplace” by The Tennessean and a “Top 100 Private Company” and “Best in Business” by the Nashville Business Journal. For more information about Churchill Mortgage, visit www.churchillmortgage.com or follow the company on LinkedIn, Twitter @ChurchillMtg and Facebook at www.facebook.com/churchillmortgage.