Governor’s award salutes Altra for financial literacy efforts

Local Credit Union earns Diamond Award

MADISON — Altra Federal Credit Union received a 2019 Governor’s Financial Literacy Award Wednesday for financial education programs the Onalaska-based firm has presented to nearly 29,000 Wisconsin youths and adults during the past five years.

Gov. Tony Evers presented the Financial Legacy Award to Altra in a ceremony at the State Capitol where 13 other individuals, businesses and organizations were honored.

Altra, which created the programs to improve financial literacy, reached 21,575 youths and 7,156 adults, for a total of 28,731 individuals, with its presentations.

“Financial literacy training is something we all need throughout our lives from elementary school to the workplace to retirement,” Evers said. “The dedication of these individuals and groups to help the people of Wisconsin become financially secure and achieve their dreams is commendable.”

The Legacy Award is given to organizations, businesses and individuals whose purpose strives to help create sustained financial literacy and capability. It is a lifetime recognition conferred only once.

The award acknowledged the variety of programs Altra uses, including its website, mobile apps, presentations, videos, one-on-one counseling and financial camps.

The Altra financial education team offers free presentations to schools and organizations on topics such as living on their own, budgeting, credit, ID theft and fraud, scholarship writing, student loan repayment plans and completing the Free Application for Federal Student Aid (FAFSA).

Criteria for the award included innovative implementation, demonstrated measurable results, collaboration with partners and whether the effort focused on needs-based groups.

Other award recipients include:

Individual category

  • Emma Crawford, UW-Madison Office of Student Financial Aid.
  • Jason Stephens,a school volunteer in Madison.
  • Pat Rorabeck, who is with SecureFutures in Milwaukee.

Organization category:

  • Ascendium Education Solutions in Madison.
  • Brown County Library in Green Bay.
  • Eau Claire Area Chamber of Commerce in Eau Claire.
  • Educators Credit Union in Mount Pleasant.
  • Old National Bank in Madison.
  • UW-Extension – Madison Division: Dollars During Development (3D), Wautoma

 Legacy category:

  • Joselyn Diaz-Valdes in the UW-Madison Office of Student Financial Aid in Madison Madison
  • Dr. Eldon Hill, a philanthropist who lives in Redmond, Wash.
  • Richard Entenmann, a nonprofit leader in Madison.
  • Summit Credit Union in Cottage Grove.

 

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