DakCU announces CUSocialGood awards
BISMARCK, ND (May 18, 2022) — During the Dakota Credit Union Association (DakCU) awards banquet that was recently held at the Holiday Inn – Rushmore Plaza in Rapid City, South Dakota, two Dakota credit unions were recognized for their outstanding social impact achievements.
While many people were suffering during the pandemic, credit unions stepped up in a very big way. In 2021, credit unions across the country reported more than $54 million in donations to charitable causes, community organizations, essential workers, and hospitals through the CUSocialGood platform, along with over 10,000 volunteer hours.
Here in the northern plains, North Dakota credit unions contributed over $163,000 in direct community impact, while South Dakota logged over $830,000 in community impact. The CUSocialGood Award recognizes one credit union in each asset category that has positively affected the community and the Dakota credit union movement. This year’s winners are:
Norstar Federal Credit Union, Britton, SD – $26M to $125M in assets. In 2021, Norstar made charitable contributions exceeding $115,000 to their community, and Norstar staff logged over 300 hours of volunteer time. In addition, the credit union was able to pay out a record $150,000 in dividends to members. With many facing financial hardships due to the pandemic, the timing could not have been better!
Capital Credit Union, Bismarck, ND – Over $126M in Assets. Capital CU was recognized for their “Step Forward Volunteer Program” which facilitates employee involvement by rewarding employees for meaningful participation in community events. The qualifying events are selected based on the credit unions core values of vision, integrity, caring and knowledge, as well as financial education. In 2021, Capital CU employees participated in 31 events in the six communities they serve, logging over 1,000 volunteer hours.
Congratulations, and we thank Norstar FCU and Capital CU for their dedication to the credit union philosophy of “people helping people.”
About Dakota Credit Union Association (DakCU)
The Dakota Credit Union Association (DakCU) is the professional financial trade association serving 64 credit unions that employ nearly 2,200 individuals across the Dakotas. With more than 531,000 members in North and South Dakota, Dakota credit unions have assets exceeding $10.6 billion. In our mission to help credit unions succeed, DakCU 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 visit our website.