Press

13 Minnesota credit unions move on to national in Maxwell, Herring, Desjardins awards

ST. PAUL, MN (September 17, 2013) — The Minnesota Credit Union Network is proud to announce the winners of the 2013 Dora Maxwell, Louise Herring and Desjardins statewide competitions. The Network received an abundance of award-worthy entries this year and, from those, 13 have advanced to CUNA’s national competition. These credit unions’ entries will compete with other credit unions from across the country in their respective award and asset categories.

Judging for the national contests will take place in early October. All four award programs are sponsored by MnCUN and the Credit Union National Association (CUNA). The entries in Minnesota’s statewide competition are judged by a committee of another state credit union league to ensure results are fair and unbiased.

The 2013 state award-winners include:

Dora Maxwell Social Responsibility Community Service Award

  • $20-$50 million: Star Choice Credit Union
  • $50-$100 million: Minnesota Valley Federal Credit Union
  • $100-$200 million: Greater Minnesota Credit Union
  • $200-$500 million: City & County Credit Union
  • $500 million-$1 billion: SPIRE Federal Credit Union

Louise Herring Philosophy in Action Member Service Award

  • $50-$250 million: St. Paul Federal Credit Union
  • $250 million-$1 billion: TopLine Federal Credit Union

Desjardins Youth Financial Education Award

  • $50-$150 million: United Educators Credit Union
  • $150-$500 million: TopLine Federal Credit Union
  • >$500 million: Postal Credit Union

Desjardins Adult Financial Education Award

  • $50-$150 million: Greater Minnesota Credit Union
  • $150-$500 million: TopLine Federal Credit Union
  • >$500 million: US Federal Credit Union

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 youths and adults in financial literacy.

“Minnesota’s credit unions are dedicated to helping improve the lives of their members. This year’s award-winners demonstrated extraordinary commitment to their members and communities in their efforts to fulfill needs, educate and build relationships.” said Mark D. Cummins, MnCUN President & CEO. “Each of the winning credit unions deserves this recognition, and I wish them luck in the national competition.

The Minnesota Credit Union Network is an organization representing the state’s 133 not-for-profit cooperative credit unions serving more than 1.5 million member-owners in Minnesota. For more information, visit www.mncun.org.

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