LOMBARD, Ill.–Raddon Financial Group, a provider of financial industry research and trends data, today has named the 22 winners of its annual Crystal Performance Award for top performing U.S. credit unions based on a balanced scorecard measurement of growth, income, efficiency and margin management.
Each year, the more than 500 credit unions that are members of the Raddon CEO Strategies Group are evaluated for the Crystal Performance Award through an in-depth analysis of each credit union's financial statements, sales figures, service penetration metrics and member household relationship data.
According to Raddon, its CEO Strategies Group provides strategic guidance to credit unions of all sizes based on detailed analysis of key performance indicators and growth opportunities. The top 3% of credit union performers in the group are selected for the Crystal Performance Award, which is categorized by larger credit unions with more than $500 million in assets, and smaller credit unions with less than $500 million in assets.
2015 Crystal Performance Award winners with more than $500 million in assets include:
- Community First Credit Union (based in Appleton, Wis.)
- Delta Community Credit Union (based in Atlanta)
- Dupaco Community Credit Union (based in Dubuque, Iowa)
- F&A Federal Credit Union (based in Monterey Park, Calif.)
- Logix Federal Credit Union (based in Burbank, Calif.)
- Mobiloil Federal Credit Union (based in Beaumont, Texas)
- Randolph-Brooks Federal Credit Union (based in Live Oak, Texas)
- Robins Federal Credit Union (based in Warner Robins, Ga.)
- San Diego County Credit Union (based in San Diego)
- Silver State Schools Credit Union (based in Las Vegas)
- Space Coast Credit Union (based in Melbourne, Fla.)
- TruMark Financial Credit Union ) based in Trevose, Penn.)
2015 Crystal Performance Award winners with less than $500 million in assets include:
- Community Credit Union of Florida (based in Rockledge, Fla.)
- Cornerstone Community Financial Credit Union (based in Auburn Hills, Mich.)
- Essential Federal Credit Union (based in Plaquemine, La.)
- ELGA Credit Union (based in Burton, Mich.)
- Five Star Credit Union (based in Dothan, Ala.)
- Frankenmuth Credit Union (based in Frankenmuth, Mich.)
- Marshall Community Credit Union (based in Marshall, Mich.)
- Superior Choice Credit Union (based in Superior, Wis.)
- Utah First Federal Credit Union (based in Salt Lake City)
- WyHy Federal Credit Union (based in Cheyenne, Wyo.)
"The Crystal Performance Award honors the best practices that credit unions rely upon to achieve impressive financial results," said Bill Handel, vice president of research, Raddon Financial Group. "As the credit union industry continues to grow and meet the everyday needs of more than 100 million Americans, these winners stand out for their strong leadership, innovation and commitment to their members."
The Raddon CEO Strategies Group serves credit unions of all asset sizes with a detailed analysis into key performance indicators and growth opportunities. A semi-annual program with robust reports, regional workshops and on-site presentations, the CEO Strategies Group provides participants with strategic guidance to increase operational efficiency, enhance cross-selling and member relationship building initiatives, and drive growth through profitability assessments.