AFFN donates to Scott Credit Union Community Foundation to honor long-time board chair

Organization donates $1,500 in memory of Betty Renth

EDWARDSVILLE, IL (October 23, 2020) — The Armed Forces Financial Network has donated $1,500 to the Scott Credit Union Community Foundation in memory of long-time SCU Board Chair Betty Renth who passed away at the end of August.

Renth, who retired from the SCU Board of Directors in 2016, had volunteered as a Director and Chairman of the Board for over 60 years.

AFFN provides U.S. military personnel (active, reserve, dependents and retired) with access to their funds through ATM and point-of-sale (POS) terminals at or near U.S. military bases worldwide. AFFN’s mission is to increase the versatility of participating financial institutions to better serve the U.S. military.

“Betty was really a force in the industry and had a positive impact on so many people with her years of service,” said AFFN President & CEO John Broda. “It is an honor to make this donation in Betty’s name and to have the money go to supporting others the way she did during her many years volunteering in the industry.”

The money is from an AFFN matching grant program that SCU participates in annually to help credit unions support their service of members of the military.

“What a great way to honor Betty. The money will help support the community,” Broda added.

Renth, who retired from the SCU Board of Directors in 2016, had volunteered as a Director and Chairman of the Board for over 60 years.

“We are saddened by the loss of someone who played a major role in our success for six decades,” said Scott Credit Union President & CEO Frank Padak. “The donation from AFFN shows the impact that Betty had on SCU, the entire credit union industry and the military members we support.”

Renth, who had lived in New Baden and had served on the SCU Board from 1955 through 2016, was a driving force in Scott Credit Union’s growth and development over that time, according to Padak. Renth had served as SCU’s Board Chair since 1971.

Renth was presented with a lifetime achievement award upon her retirement to mark her years of service as a leader.

“Betty’s service to Scott Credit Union set a standard of excellence and dedication that will likely be unmatched,” Padak said. “Betty truly defined the greatness we want Scott Credit Union to achieve each and every day. Betty’s service to Scott Credit Union is synonymous with excellence.  We were extremely fortunate to have Betty as a leader in our organization.”

Renth received national and state recognition for her dedication and service to SCU and the credit union industry.

In 2006, Betty was inducted into the Defense Credit Union Council Hall of Honor. The Hall of Honor was established to acknowledging individuals whose exceptional contributions over the years have made a significant difference in the defense credit union community.

“Betty really served those who serve in a big way,” Broda added. “Her influence in the defense credit union community was unsurpassed. She was passionate about serving the military members of Scott Credit Union as they served our country.”

About Scott Credit Union Community Foundation

The Scott Credit Union Community Foundation was established early in 2018 to strengthen Scott Credit Union’s commitment to our communities. The charitable foundation was created to expand the reach of SCU’s existing community involvement by supporting local efforts and through an education grant program. One hundred percent of the proceeds raised by the SCU Community Foundation will be donated back into the region.

Scott Credit Union currently has 20 area locations: Affton, MO; Ballpark Village in St. Louis, MO; Belleville, IL (two branches); Collinsville, IL; Columbia, IL; Crestwood, MO; Edwardsville, IL (two branches); Fairview Heights, IL; Ferguson, MO; Highland, IL; Ladue, MO; Lebanon, IL; Mascoutah, IL; O’Fallon, IL; Troy, IL; Scott Air Force Base in Illinois; Waterloo, IL; and Wood River, IL.

For details on opening accounts at Scott Credit Union, visit


Adam Koishor
Chief Marketing Officer
P: 618-345-1000 / 800-888-4728
101 Credit Union Way – Edwardsville, IL 62025

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