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NC Credit Unions Figure Prominently in National Dora Maxwell, Louise Herring Awards (12/7/2009)

    
Pictured (from left): Luis Pastor, Latino CCU; Matt Davis, Members CU; Thad Moore, Self-Help CU; Leigh Brady, State Employees' CU. Pastor, David, Moore & Brady are pictured with the statewide awards their credit unions won earlier this year.   
The national Dora Maxwell & Louise Herring Awards announced by CUNA have a definite Tarheel flavor! NC, Indiana and Michigan each featured four winners in the national results, which were announced on Friday. Latino Community Credit Union lead the way, winning the national Dora Maxwell Award in the $50 - $100 million asset category.

Other NC credit unions honored include:

Self-Help Credit Union, Second Place, Dora Maxwell Social Responsibility Award, $200 - $500 million asset category.

Members Credit Union, Honorable Mention, Louise Herring Philosophy in Action Award, $50 - $250 million asset category.

State Employees' Credit Union, Second Place, Louise Herring Award, $250+ million asset category.

"These awards underscore the tremendous work these credit unions are doing, and call attention to the efforts of all NC credit unions to improve the lives of working men and women," said NCCUL President/CEO John Radebaugh. "We congratulate each of these credit unions for their well-deserved awards."

Maxwell was an original signer of CUNA’s constitution and a tireless organizer of hundreds of credit unions throughout the United States. She also developed volunteer organizer clubs and worked tirelessly with organizations on behalf of the poor.

The Maxwell award is presented to credit unions in seven asset-size categories and a chapter or multiple credit union group category for outstanding social responsibility projects in their communities. Activities may include: solving core community problems, coordinating supply drives for the needy, raising money or organizing special events for charitable organizations, or mentoring students.

Herring was also an original signer of CUNA’s constitution when she was an Ohio delegate to the 1934 national credit union conference in Estes Park, Colo. She saw credit unions as more than just financial institutions and believed they should work to better people’s lives.

The Herring award is given to a credit union demonstrating the internal application of credit union philosophy to help better financial matters and increase financial education for its members. Examples include: exceptional member service, financial counseling for members with difficulties, financial educational seminars for members, and educating on the credit union difference.

"These prestigious awards honor credit unions and their organizations for making commitments to innovative community involvement and to member financial education – both core values of the credit union pioneers whose names are associated with them. Our hope, at CUNA, is that other credit unions will take notice of the programs celebrated by these awards and find ways to emulate their best practices in their own communities," said Dan Mica, president and CEO of CUNA.

The award winners will be honored at a reception in February during the CUNA Governmental Affairs Conference.