News & Press: Minnesota Credit Union Network News

8 Minn. credit unions win awards, advance to national competitions

Tuesday, September 22, 2015  
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ST. PAUL, Minn. – The Minnesota Credit Union Network (MnCUN) is pleased to announce the state-level winners of the 2015 Dora Maxwell, Louise Herring and Desjardins award competitions. These awards are sponsored each year by MnCUN and the Credit Union National Association (CUNA).

The 2015 Minnesota award-winners are:

Dora Maxwell Social Responsibility Community Service Award

$20-$50 million: Star Choice Credit Union

$100-$200 million: Minnesota Valley Federal Credit Union

$200-$500 million: Minnco Credit Union

$500 million-$1 billion: SPIRE Credit Union

$1+ billion: Wings Financial Credit Union


Louise Herring Philosophy in Action Member Service Award

<$50 million: Star Choice Credit Union

$250 million-$1 billion: Hiway Credit Union

$1+ billion: Affinity Plus Federal Credit Union


Desjardins Youth Financial Education Award

$150-$500 million: TopLine Federal Credit Union

>$500 million: Wings Financial Credit Union


Desjardins Adult Financial Education Award

$150-$500 million: TopLine Federal Credit Union

>$500 million: SPIRE Credit Union


MnCUN received 23 award entries this year, and they were judged by another state’s credit union league to ensure unbiased results. The winners in each award category now advance to CUNA’s national contest where they will compete with credit unions across the country, with judging to take place in October.

"This year’s award-winners demonstrated creativity and commitment to the values credit unions hold dear – financial education, service to community, and extraordinary member service,” said MnCUN President & CEO Mark Cummins. “Each of these credit unions deserves recognition, and we are proud they represent Minnesota in the national competition.”

The Dora Maxwell Social Responsibility Community Service Award was created in 1987 and recognizes credit unions for the activities they coordinate that benefit the community or a specific charity. This award promotes social responsibility among credit unions by formally recognizing their achievements outside the credit union.

The Louise Herring Philosophy in Action Member Service Award is given to a credit union for its practical application of the "people helping people” philosophy in internal operations. Created in 1990 with four asset categories, this award promotes the credit union philosophy by formally recognizing credit unions that demonstrate in an extraordinary way the application of the movement's principles in serving their members.

The Desjardins Youth and Adult Financial Education Awards formally recognize the leadership of individual credit unions and chapters in their efforts to better educate youth and adults in financial literacy. 

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The Minnesota Credit Union Network is the statewide trade association that works to ensure the success, growth and vitality of Minnesota credit unions. With nearly $20 billion in assets, Minnesota credit unions are local, trusted financial cooperatives that serve more than 1.6 million members at 400+ locations around the state. As not-for-profit institutions, credit unions give back to the communities they serve. For more information, visit www.mncun.org. 

 


Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034