Abound named Credit Union of the Year by national association

RADCLIFF, KY (August 26, 2022) — Abound Credit Union was named Credit Union of the Year by the National Association of Federally-Insured Credit Unions (NAFCU). Winners of NAFCU’s Annual Awards competition are chosen by a committee of peers based on entries exemplifying above-and-beyond achievements, dedication, service in the community and leadership. Abound Credit Union will be honored during NAFCU’s Congressional Caucus in Washington, D.C. September 11-14.

Abound last won the credit union of the year award in 1994.

Specifically, Abound Credit Union was awarded Credit Union of the Year (assets more than $250 million) based on its commitment to consumer education, impact on the community, and adherence to principles of sound financial judgement.

The Credit Union’s ongoing leadership in financial education has continued to expand, with Abound’s youth programs now reaching thousands of Kentucky students from elementary school through college. Abound’s adult financial education programs are also reaching more Kentuckians than ever before through new community partnerships and annual events, such as Veterans 2 Entrepreneurs.

Abound’s donation matching program, which was launched just after devastating tornadoes struck portions of Kentucky in December 2021, is another notable example of the organization’s commitment to community and contributed to the 2022 Credit Union of the Year recognition.

“It’s truly an honor to be named Credit Union of the Year,” says Ray Springsteen, President & CEO of Abound Credit Union. “I’m so proud of our Abound Team Members for their dedication to serving Members, meeting local needs in times of crisis, and empowering Kentuckians through financial education.” 

Abound’s Board of Directors with the Credit Union of the Year Award.

About Abound Credit Union

Abound Credit Union, a leader in financial education, has been providing valuable banking solutions to help hardworking Kentucky families thrive for more than 70 years. Today, we have 18 locations, $2.1 billion in assets and over 130,000 military and civilian members. The Credit Union has been recognized for its leadership in financial education at the state and national level. Abound was named a Defense Community Champion 2023, ranked #15 Nationwide for Safety and Soundness by S&P Global Market Intelligence, and is one of the Best Places to Work in Kentucky for 2022, 2023, and 2024. It’s simple to become a Member, visit our website at to see how you may be eligible.


Sharon Simpson, 240.620.4095
Kayla VanMeter, 502.301.0116

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