Enter PenAir's Financial Fitness Competition

Throughout the seven-month competition, participants will work towards their goals, such as working with their financial coach, completing various media interviews, attending educational sessions, etc.

Points will be awarded in three categories:

• Increase in savings – based on percentage increase
• Debt reduction – based on a percentage increase
• Participation in program events – coach meetings, educational sessions, etc.

At the end of the competition, a committee of credit union employees will review the participants’ results, and a winner will be determined. The $10,000 prize will be awarded to the family that earns the most points during the contest. PenAir’s decisions are final and absolute and not subject to inquiry.

*The winner is solely responsible for reporting and paying any and all applicable taxes related to the prize(s). All decisions are final and are not subject to appeal or dispute.

Applications will be reviewed by a committee of PenAir employees. If you’re selected, you’ll have the opportunity to interview with us. We’ll also conduct a background check to ensure a safe and supportive environment for all participants.  Applicants not selected will be notified by email.

To participate in the NOW Program, you simply need to:

• Must be a citizen(s) or legal resident(s) of the United States
• Must be a PenAir Credit Union member(s) or eligible to join the credit union and willing to open transactional accounts for purposes of monitoring contest results.
• Must demonstrate a need for NOW and a commitment to significantly improve your financial situation. Here are some examples:
  • Reduce debt to create a savings plan
  • Planning for your future, whether it’s retirement, education, buying a home, or reducing debt.
• Must be willing to develop a savings goal and provide monthly reports on progress and results.
• Must be willing to work closely with a Certified Financial Counselor Team/NOW Coach, who will support you through phone calls, emails, and in-person meetings.
• Must be willing to reveal and share the financial situation with the public through interviews for print and electronic media.
• Must be comfortable being interviewed for print and electronic media discussing participation in PenAir Credit Union’s NOW program.
• Must not have declared bankruptcy in the last 12 months
• Must not have caused PenAir Credit Union a loss
• NOW participants must execute all waivers and agreements required by PenAir Credit Union

Rest assured; we understand not everyone’s financial journey is the same.  So, whether you’re just starting out or looking to make significant strides, PenAir Credit Union is here to support you every step of the way!

NOW applications open in late spring, and the chosen finalists are announced publicly in late summer.