Innovation Awards Competition opens for top solutions that help drive credit union success

This year’s entries will be judged by a committee of industry trade journalists, credit union executives, and marketing professionals. Randy Smith of CUInsight.com, a leading source for connecting the credit union community to vital news and information, will be one of this year’s distinguished judges.

"Recognizing solutions that strengthen credit unions and satisfaction among their members provides incentive for others to innovate within the credit union space," said Randy Smith, Co-founder and Publisher of CUInsight.com. "I’m excited about helping select this year’s winners to spotlight products and services that ensure the continued success of credit unions."

Solutions will be evaluated using four major factors: degree of innovation, impact on credit union (e.g., revenue enhancement, cost reduction), overall contribution to credit union success, and the competitive advantage provided for credit unions. This competition evaluates entries from NAFCU Services Preferred Partners. To earn the distinction of Preferred Partner, providers undergo an extensive qualification process. Last year’s innovation award winners were Allied Solutions; Burns-Fazzi, Brock; DDJ Myers; and Insuritas.

Since their inception, the Innovation Awards have honored many partners who have leveraged the power of their resources to solve challenges in the credit union industry. Award winners will be announced at NAFCU’s Annual Conference and Solutions Expo held in Montreal, Canada from June 23 – June 26, 2015.

About NAFCU Services Corporation:
NAFCU Services Corporation is a wholly owned subsidiary of the National Association of Federal Credit Unions (NAFCU). Since 1975, NAFCU Services has partnered with the industry's leading solutions providers to offer value-added products and services at a discount to credit unions. Currently, it offers more than 30 Preferred Partner programs to the credit union community, maintains the credit union locator website www.culookup.com, and provides free financial calculators to NAFCU members. For more information about NAFCU Services Corporation, visit www.nafcu.org/AboutNAFCUServices.