January 10, 2017
FOR IMMEDIATE RELEASE
Community First Credit Union President/CEO Cathie Tierney is being honored for fostering and sustaining a heritage of financial literacy education while growing and leading Wisconsinís third largest credit union for more than two decades.
The Governorís Council on Financial Literacy on Friday announced its 2016 Financial Literacy Awards, recognizing Tierney with its Legacy Award.
Tierney, who started with Community First in October 1977 and took over as chief executive in 1994, is one of 15 individuals, businesses and organizations being honored for measurably improving the financial literacy of Wisconsin residents.
To see the full press release issued by the Governorís Council on Financial Literacy and posted on the state Department of Financial Institutions website, go to: https://walker.wi.gov/press-releases/governor-walker-honors-15-2016-financial-literacy-award
Under Tierneyís leadership, Community First forged a partnership with the Appleton Area School District, assisted with development of a personal financial management class that became a graduation requirement and supported classroom teachers through financial education simulations where over the past 12 years more than 12,000 Appleton high school juniors and seniors have learned valuable life lessons about making smart money decisions. Each semester more than 500 students go through the Reality Check simulations organized by Community First in collaboration with Appleton business education teachers with the assistance of community, business and credit union volunteers.
In 2001, the partnership with Appleton school district officials led to the startup of one of Wisconsinís first in-school, student-run credit unions at Appleton West High School. Over the years, more than 600 students have gained real-life financial industry work experience while becoming more savvy consumers by working in Community Firstís student-run credit unions at the high school, middle school and elementary school levels.
Other Fox Valley area recipients of the 2016 Governorís Council on Financial Literacy awards included the Brown County Library and Brown County UW-Extension. Recipients will be honored at a ceremony at the Capitol later this year.
Community First Credit Union is a member-owned financial cooperative serving 126,544 member/owners who live and work in Northeast and Central Wisconsin. It has more than $2.6 billion in assets, 494 employees and operates 23 full-service branches along with eight non-traditional branches in schools, retirement communities and the Wisconsin Veterans Home at King, Wis.
Community First Credit Union