BayPort Credit Union in Newport News, Va., and 1st Financial Federal Credit Union in Wentzville, Mo., received the 2016 Community Credit Union of the Year Award at CUNA Community Credit Union Conference and the Federation 2016 Annual Conference, held in Dallas this week.
BayPort received the award for credit unions with more than $250 million in assets, while 1st Financial won in the less than $250 million category.
The Community Credit Union of the Year Awards celebrates community credit unions that best demonstrate the fundamental values of the movement and a positive influence in the field of service.
“BayPort CU and 1st Financial FCU represent the best the credit union movement has to offer,” said Todd Spiczenski, CUNA’s chief products and services officer. “They, along with all of our 2016 entrants, show how credit unions that are fully devoted to the principle of people helping people can make a difference in the financial lives of not only individuals but also their communities as a whole.”
Lower Valley Credit Union in Sunnyside, Wash., and Redwood Credit Union in Santa Rosa, Calif., received honorable mentions in the less than $250 million category and more than $250 million categories, respectively.
Winners were judged based on three criteria: Member impact, community impact and financial impact.
Each winner embodies credit union ideals, has become intimately engaged with its community and has met the needs of its particular membership base, according to Spiczenski.
Read more CUNA Community CU Conference coverage from CUNA News.