Oregon State Credit Union is the recipient of the Oregon State Treasury Financial Empowerment Community Champion Award.

It’s the first year for the award with a special category going to an organization, association, business or education enterprise that is “making a positive difference when it comes to improving financial wellness and empowerment for Oregonians.”

“As a not-for-profit financial cooperative, Oregon State Credit Union emphasizes education as a core value,” the credit union’s CEO Richard S. Hein said through a press release. “We recognize that financial literacy is essential to financial equity and inclusion, and we will continue to provide financial education as a sustaining resource to our communities.”

OCSU officials said that the Oregon State Treasury’s desire to “help more people be prepared to navigate our complex financial system” dovetails well with the credit union’s longstanding commitment to financial literacy.

Oregon State Credit Union said it will be donating the $2,000 cash award in addition to the $500 Pay it Forward award distributed among their community education partners to be announced.