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Financial Center Wins Four Indiana Credit Union League Awards

October 24, 2016

The Indiana Credit Union League recently reported the statewide results in CUNA’s national award competitions. Financial Center First Credit Union received four awards for its financial education, product development, and philanthropic efforts. The credit union was recognized at the League’s annual banquet held on October 14, 2016.

The credit union took first place in the Alphonse Desjardins Awards for Youth and Adult Financial Literacy, first place in the Dora Maxwell Award for Social Responsibility, and second place in the Louise Herring Award for Philosophy in Action in the $250 million to $1 billion asset category.

The three first place awards will move on to national competition which will be announced in February at CUNA’s National Government Affairs Conference. Financial Center has taken home a national award for adult financial literacy the past two years.

Financial Center employees receive numerous awards at the Indiana Credit Union League Annual Banquet. (L to R): Kevin Ryan, CEO and President; Sven Leander, VP Lending; Jennifer Rue, VP of Enterprise Risk Management; Mark Moulton, Administrative Director; Frances Tooley, Senior Vice President; Ed Valasek, VP of Information Technology; Dusty Simmons, VP of Membership Development; Jo Kiel, Senior Vice President/Chief Operating Officer; Dan Kavanaugh, Senior Vice President/Chief Sales and Marketing Officer.


First Place – Alphonse Desjardins Youth and Adult Financial Literacy Awards
The Desjardins Education Awards recognize leadership within the credit union movement on behalf of youth and adult financial literacy. Financial Center won the youth award for its work with elementary, high school and college students in and around Indianapolis. The Credit Union received the adult award for its literacy program featuring seminars, workshops, newsletters, website tools, and partnerships with other not-for-profits to educate lower-income families and the growing Latino market on the financial industry.

First Place – Dora Maxwell Award
The Dora Maxwell Social Responsibility Recognition Award recognizes a credit union for its social responsibility work and charitable projects that support its community. Financial Center won for its multi-pronged community outreach initiatives as well as its dedication to providing financial literacy and banking services to women who have survived domestic violence.

Second Place – Louise Herring Award
The Louise Herring Award for Philosophy in Action formally recognizes credit unions that demonstrate in an extraordinary way the practical application of the credit union philosophy ‘people helping people’. Financial Center received the award for the launch and success of its Back to Basics lending strategy which helps those with less than perfect credit break the cycle of using payday lenders and obtain traditional loan products.

About Financial Center: Financial Center First Credit Union has been serving consumers who live or work in Boone, Brown, Hamilton, Hancock, Hendricks, Johnson, Marion, Morgan, Putnam, and Shelby Counties as well as other special groups for over 63 years. Over 53,000 members take advantage of favorable deposit and loan rates as well as reduced fees by banking with the Indianapolis-based credit union. Financial Center is a not-for-profit entity that employs 145 people. Guided by a volunteer Board of Directors, Financial Center’s mission is to ‘Improve Members’ Financial Lives’. 

Your savings federaly insured to at least $250,000 and backed by the full faith and credit of the United States Government: NCUA, Equal Housing Lender, ESI