news.cuna.org/articles/Ind_league_honors_state_CU_best_practices,_service_awards

Ind. league honors state CU best practices, service awards

November 3, 2014

INDIANAPOLIS (11/4/14)--The Indiana Credit Union League handed out a number of credit union awards at its statewide convention last month.

At the League Chairman's Awards Banquet, the league recognized five credit unions with Best Practice Awards in finance, human resources and training; lending; marketing and business development; and operations and technology.

The league also named the state's winners of the Dora Maxwell Award for Social Responsibility; Louise Herring Award for Credit Union Philosophy in Action; and Alphonse Desjardins Award for Excellence in youth financial literacy.

The Best Practices awardees were:

  • Finance, human resources and training: FORUM CU, Fishers, with $968 million in assets, for its CONNECTIONS program;
  • Lending: Financial Health FCU, Indianapolis, with $29 million in assets, for its Free Member Credit Check-Up program;
  • Lending: Heritage FCU, Newburgh, with $474 million in assets, for its Flip-a-Loan promotion;
  • Marketing and business development: Financial Center FCU, Indianapolis, with $508 million in assets, for its Craft Brew Business Development program; and
  • Operations and technology: Three Rivers FCU, Fort Wayne, with $765 million in assets, for the Northland Campus Expansion.

The first-place winners of the Dora Maxwell Award by asset size were:

  • Less than $50 million: Financial Health FCU;
  • $50 million to $100 million: Natco CU, Richmond, with $69 million in assets;
  • $100 million to $200 million: Encompass FCU, Tipton, with $168 million in assets;
  • $200 million to $500 million: Heritage FCU; and
  • More than $1 billion: Indiana Members CU, Indianapolis, with $1.5 billion in assets.

First place-winners of the Louise Herring Award by asset size were:

  • Less than $50 million: Financial Health FCU;
  • $50 million to $100 million: General CU, Fort Wayne, with $82 million in assets; and
  • $250 million to $1 billion: Financial Center CU.

The first-place winner of the Alphonse Desjardins Award for Excellence in Youth Financial Literacy was Financial Center CU in the $150 million to $500 million-asset category.