Alaska's Credit Union 1 Wins THREE National Awards!
Anchorage, AK – November 7, 2011 – Credit Union 1 (CU1) is proud to announce that they have received first place for the Credit Union National Association’s (CUNA) Louise Herring Philosophy in Action Award, second place for CUNA’s Dora Maxwell Social Responsibility Community Service Award and honorable mention for CUNA’s Desjardins Adult Financial Education award. These coveted awards represent outstanding accomplishments for CU1 on a national level. The Louise Herring Philosophy in Action Award recognizes credit unions that promote the credit union philosophy of “people helping people” internally and within their daily operations while honoring their commitment to superior member service The winning entry for the award was the unique and visionary Mountain View Branch that opened in June 2010 and was the first financial institution in that neighborhood in over 20 years. The second place Dora Maxwell Social Responsibility Recognition Award was for the credit union’s 2010 hosting and revitalization of the Bean’s Café and The Children’s Lunchbox fundraiser “Pour,” which raised almost $40,000. This award is for outstanding social responsibility projects within the community The Desjardins Adult Financial Education Award recognizes credit unions for exceptional leadership in the area of adult financial literacy and creating programs that promote this sort of education. The entry was for CU1’s Discover Financial Fitness program taught in partnership with the Anchorage Urban League and the Individual Development Accounts that help those with modest incomes save for life-enhancing goals such as a house or post-secondary education. These awards are named after innovative pioneers who helped to lay the foundation for and shape the way that credit unions do business today. They believed that credit unions should work practically to better people’s lives, promote financial education and make positive influences in their community – which represents the One for All spirit CU1 believes in! About Credit Union 1: Credit Union 1 is an Alaskan financial cooperative with a mission to help members achieve their financial goals by focusing on excellent service and value. Founded over 59 years ago, Credit Union 1 has 15 branches, over 67,000 members, and $764.9 million in assets. Anyone who lives or works in Alaska is eligible to join Credit Union 1.