WASHINGTON (3/10/15)--Nine credit unions that delivered top value to their members in the past year were presented with CUNA's Membership Benefits Awards Monday at the opening general session of this week's Governmental Affairs Conference, the third year CUNA has given the awards.
|Kris Crow, board chair, Southwest 66 CU, Odessa, Texas; Bill Hawkins, president/CEO, Healthcare Systems FCU, Fairfax, Va.; and Linda White, president/CEO, United Health CU, Burlingame, Calif., accept CUNA's membership benefits awards for the less than $100 million in assets category from CUNA President/CEO Jim Nussle and CUNA Chief Policy Officer Bill Hampel. (CUNA Photo)|
The awards, which were presented by Jim Nussle, CUNA president/CEO, and Bill Hampel, CUNA chief policy officer, are reserved for those credit unions that deliver the highest quality direct financial benefit to their members.
Credit unions submitted dividend and loan rates and fees, which were then compared with bank rates and fees, and "we calculated how each credit union's members benefitted by using their credit union compared to local bank averages," Nussle said.
"I realize this is one possible measure of the enormous value that credit unions deliver to their members," Nussle added. "We haven't counted, for instance, their local involvement, their member education or counseling. Certainly there are many ways that you can look at this, but these are the special services that credit unions provide."
Less than $100 million in assets awardees:
$100 million to $500 million in assets awardees:
More than $500 million in assets awardees: