Financial Center Wins Five Indiana Credit Union League Awards
The Indiana Credit Union League recently reported the statewide results in CUNA’s national award competitions. Financial Center Federal Credit Union received five awards in total for its financial education, philanthropic efforts and best practices. It was recognized at the League’s annual banquet held on October 17, 2014.
The credit union took first place in the Louise Herring Award for Philosophy in Action, the Alphonse Desjardins Awards for Youth and Adult Financial Literacy, and second place in the Dora Maxwell Award for Social Responsibility. Financial Center also received recognition in the League’s new Best Practices Award.
First 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 narrowing its philanthropic efforts to providing financial education, feeding the hungry, and supporting military families and veterans.
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 demonstration of youth instruction, awareness and collaboration with educators within its two student-run branches inside Indianapolis high schools and career centers, as well as its exclusive North Central High School Panther Checking Account and giveback program. 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.
Second 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 was recognized for its 2014 charity golf outing which raised more than $22,000 to fight hunger in Central Indiana.
Best Practice Award – Business Development/Marketing
New in 2014, the Best Practice Awards recognize innovation in the credit union field in five different categories. Financial Center earned recognition for its strategy to acquire craft brewery start-ups as a business niche.