RICHMOND, Ind. – Natco Credit Union has been selected as the first-place winner of the Dora Maxwell Social Responsibility Community Service Award for Indiana in the asset size category $50 million to $250 million.
The credit union was selected based on its Volunteer Individual Tax Assistance (VITA) program offered through Natco Community Empowerment Center (NCEC). The two-person staff of NCEC found innovative and transformative ways to provide safe alternative methods for collecting tax information and providing finalized returns.
During the most recent tax season, they prepared and submitted a total of 1,158 returns totaling $1.5 million in federal refunds and $185,000 in state refunds, the credit union said.
In addition to offering the free service, individuals and families saved $497,940 in fees.
CEO Cindy Duke, Director of Administration and Innovation Sherry Dillon, and Community Development Officer Doug Macias accepted the award during the Indiana Credit Union League Convention.