National Association recognizes Carolina Foothills for saving members $3.4 million
SPARTANBURG, SC (March 1, 2016) — The Credit Union National Association (CUNA) recently awarded Carolina Foothills Federal Credit Union the Louise Herring Philosophy-In-Action Member Service Award at the Governmental Affairs Conference in Washington, D.C. This award is given to a credit union for its practical application of credit union philosophy within the actual operation of the credit union. It is awarded for internal programs and services that benefit membership.
In 2015, Carolina Foothills Federal Credit Union saved its membership over $3.4 Million by refinancing high rate loans to the credit union’s lower, more affordable rates.
Board Chairman Isaac Dickson said, “The credit union’s mission is to make ownership in the financial cooperative a long-term relationship built on loyalty, education, confidence and a sincere concern for the members’ well-being. Receiving this award validates our mission. We are very proud!”
Carolina Foothills President/CEO Scott Weaver said, “Carolina Foothills has always been sensitive to the needs of its members and the community. We are pleased to be recognized for our efforts. Going forward, we will continue to ‘Create relationships by treating everyone with dignity and respect’ which is the cornerstone of our existence!”
About Carolina Foothills Federal Credit Union
In 1960, a group of US Postal Service employees met together and formed the beginning of Carolina Foothills Federal Credit Union in the basement of the Spartanburg USPS office. Since our humble beginnings, Carolina Foothills has grown to our present size of over 125 partner companies and three distinct service communities located throughout the Upstate. With over 17,000 members who have more than $165 million in assets, we serve members through branches in Mauldin, Spartanburg, Greenville, and Gaffney, including 4 elementary school branches.
Carolina Foothills embraces the motto on which credit unions were founded, "Not for profit. Not for charity. But for service." We hold to the values of the credit union movement by offering products and services that meet our members' needs. Nowhere is the "people helping people" philosophy better evident than in our strong, member-centered service found in each of our financial centers. We uphold that claim by our values. We provide vital financial tools as a place for members to save and borrow; but more importantly, to belong. We look forward to impacting our members' financial futures.
