|Financial Services Coordinator Linda Welborn and President/CEO Tony Ebron accepted the awards on behalf of the credit union.
Winston-Salem Federal Credit Union (WSFCU) received statewide awards for service to the community and for adult financial education. WSFCU received the statewide Louise A. Herring Philosophy in Action Member Service Award and the Desjardins Adult Financial Education Award at a special banquet held during the 77th Annual Meeting of the NC Credit Union League.
The annual Louise A. Herring Philosophy in Action Member Service Award recognizes exceptional credit union programs that demonstrate the “people helping people” philosophy of credit unions. WSFCU received the award in the $50 - $250 million asset category.
The credit union won the award for its free tax preparation program through the Volunteer Income Tax Assistance (VITA) program. By participating in VITA, credit union staff assisted members and non-members by helping them receive the maximum tax refund.
The Desjardins Adult Financial Education Award recognizes leadership within the credit union movement on behalf of financial literacy. It considers all activities supporting the personal financial education of members and non-members. Credit unions compete by asset category, with WSFCU winning its award in the $50 - $150 million asset category.
The credit union won its award for its partnership with Dave Ramsey’s Financial Peace University (FPU). WSFCU has offered FPU through a series of collaborations with local agencies, including Habitat for Humanity. As a result, more than 80 people have graduated from FPU since 2010, and have learned vital skills that will help them build wealth.
WSFCU will now compete for the national Louise A. Herring Philosophy in Action Member Service Award and the Desjardins Adult Financial Education Award. National winners will be announced by the Credit Union National Association later this year.