SCHAUMBURG, Ill.–Twenty-one credit unions have been named by Raddon as winners of its annual Crystal Performance Awards, which it said recognize the top 3% of the best-performing credit unions among the more than 500 with which it works.
Award recipients were honored at the Raddon CEO Forum, an invitation-only event designed for chief executives of credit unions. Each recipient credit union was selected based on an analysis of sales figures, financial statements, service metrics and member relationship data gathered as a part of the Performance Analytics program from Raddon, the company said. Raddon, a Fiserv company, provides research, analysis and strategic guidance to financial institutions.
“The Crystal Performance Awards recognize substance, not flash,” said Edward Wipson, general manager, Raddon. “These high-performing credit unions have all shown a great deal of determination, often over the course of many years, to utilize insights to affect direct, impactful action at their institutions. Their growth and data-oriented collaboration with other credit unions are an example of the best of the credit union movement.”
The company said its Performance Analytics data is unique in that it provides institutions with an in-depth analysis of their own key performance indicators while also allowing institutions to examine peer-benchmarked data in those same categories. “With insights derived from the top performing credit unions in the industry, decision makers have the information they need to create data-driven strategies that focus on growth and innovation,” Raddon said.
The Winners Over $500 Million
Crystal Performance Award winners, more than $500 million in assets:
- Coast Central Credit Union, Eureka, Calif.
- Community Credit Union of Florida, Jacksonville, Fla.
- Community First Credit Union, Appleton, Wis.
- Dow Chemical Employees' Credit Union, Midland, Mich.
- Dupaco Community Credit Union, Dubuque, Iowa
- Logix Federal Credit Union (based in Burbank, Calif.
- Mobiloil Credit Union, Beaumont, Texas
- Randolph-Brooks Federal Credit Union, Live Oak, Texas
- Robins Financial Credit Union, Warner Robbins, Ga.
- San Diego County Credit Union, San Diego
- 3Rivers Federal Credit Union, Fort Wayne, Ind.
The Winners Under $500 Million
Crystal Performance Award winners, under $500 million in assets:
- Clackamas Federal Credit Union, Milwaukie, Ore.
- Five Star Credit Union, Dothan, Ala.
- Foothill Federal Credit Union, Arcadia, Calif.
- Marshall Community Credit Union, Marshall, Mich.
- Naheola Credit Union, Pennington, Ala.
- Sacramento Credit Union, Sacramento, Calif.
- Service 1st Federal Credit Union, Danville, Penn.
- SunState Federal Credit Union, Gainesville, Fla.
- Superior Choice Credit Union, Superior, Wis.
- Utah First Federal Credit Union, Salt Lake City.