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.