DALLAS–The 2016 Community Credit Unions of the Year have been announced.
Recognized were Bayport Credit Union in Newport News, Va., and 1st Financial FCU in Wentzville, Mo. The credit unions were honored during the CUNA Community Credit Union Conference and the Federation 2016 Annual Meeting.
“BayPort CU and 1st Financial FCU represent the best the credit union movement has to offer,” said Todd Spiczenski, CUNA chief products and services officer, in a statement. “They, along with all of our 2016 entrants, show how credit unions that are fully devoted to the principle of People Helping People can make a difference in the financial lives of not only individuals but also their communities as a whole.”
The Community Credit Union of the Year Award celebrates community credit unions that best demonstrate the fundamental values of the movement and a positive influence in the field of service. BayPort CU received the award for credit unions with more than $250 million in assets, while 1st Financial FCU won for the under $250 million category.
Lower Valley Credit Union in Sunnyside, Wash., and Redwood CU in Santa Rosa, Calif., received honorable mentions in the sub-$250 million category and above-$250 million categories, respectively.