Credit Union Press Releases

Mountain CU Receives Awards for Community Involvement, Financial Education

Posted on June 11, 2012
Mountain Credit Union VP Amy Woody (left) and President/CEO Patty Idol are pictured with the credit union's awards.

The NC Credit Union League (NCCUL) honored Mountain Credit Union for its community involvement & financial education efforts in 2011. The credit union won the statewide Dora Maxwell Social Responsibility Award and the Desjardins Youth Financial Education Award. Mountain received the awards in Pinehurst during the NCCUL Annual Meeting.

The annual Dora Maxwell Social Responsibility Award recognizes and promotes credit unions’ social responsibility efforts within the communities they serve. Mountain won in the $100 - $200 million asset category for its “Christmas in July” collection of items for overseas troops.

A variety of items was collected during the drive, along with letters of support from staff and credit union members. Some credit union staff members have spouses and other family members who are deployed overseas, making the collection drive especially meaningful.

The Desjardins Youth Financial Education Award recognizes leadership within the credit union movement on behalf of youth financial literacy. It considers all activities supporting the personal financial education of young people. Credit unions compete by asset category, in order to ensure fairness. Mountain received its award in the $50 - $150 million asset category.

The credit union worked with three western NC schools in 2011, and provided educational sessions to 289 young people in grades one through seven. These engaging sessions helped reinforce the value of understanding the basics of budgeting and finance.

Mountain Credit Union will now compete in its asset category for the national Dora Maxwell Social Responsibility Award and Desjardins Youth Financial Education Award. National winners will be announced by the Credit Union National Association later this year.
 

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