Press

CUAD announces Growth and Progress Award

BISMARCK, ND (May 20, 2019) — Credit Union Association of the Dakotas (CUAD) is pleased to announce that Med5 Federal Credit Union, Rapid City, SD was recently presented with the Growth & Progress Award. Med5 received the prestigious honor during the Annual CUAD Summit Awards Banquet that was recently held at the Delta Marriott Conference Center in Fargo, ND.

This award is given to one credit union per year in North or South Dakota, which has exceeded the state’s average increase in four categories: assets, shares, loans outstanding, and membership increase. Information from year-end stats from the previous year to the current year is compared, and the winning credit union must have a positive gain in all four categories. This is the second consecutive year that Med5 has received the award.

About Credit Union Association of the Dakotas

The Credit Union Association of the Dakotas (CUAD) is the professional financial trade association serving 71 credit unions that employ 2,200 individuals in 221 branches. With more than 500,000 members in North and South Dakota, Dakota credit unions have assets in excess of $7.6 billion and currently are providing Dakota consumers with over $5.2 billion in loans while safely housing more than $6.6 billion in savings. In our mission to help credit unions succeed, CUAD plays a key role in growing membership and helping to provide service excellence to members from offices in Bismarck, ND and Sioux Falls, SD. For more information about CUAD visit our website at www.cuad.coop.

The Credit Union Foundation of the Dakotas’ purpose is to build community awareness of Dakota credit unions through support of children’s charities; community and social impact organizations or projects; financial education and financial literacy programs through the credit union chapter system; and to provide higher education scholarships throughout our service region in North and South Dakota.