Colorado Credit Unions Awarded for Social Responsibility, Philosophy in Action & Financial Literacy
Tuesday, 21 August 2012 08:56
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Colorado Credit Unions Awarded for Social Responsibility, Philosophy in Action and Financial Literacy


Denver– August 20, 2012 – The Mountain West Credit Union Association is pleased to recognize the following regional credit union winners of the Dora Maxwell Social Responsibility Recognition Award, Louise Herring Award for Philosophy in Action and the Desjardins Youth Financial Education Awards:

 Colorado  Award Recipients
Dora Maxwell:               $50- $100 million asset category
(Honorable Mention) Horizons North Credit Union 

$100 million – $200 million asset category 
(First Place) Space Age Federal Credit Union 

$1 billion + asset category
(Second Place) Bellco Credit Union

 
 Louise Herring: $200 - 500 million asset category
(First Place) Boulder Valley Credit Union

 
 Desjardins (youth):    $50 – $100 million asset category
(First Place) Arapahoe Credit Union

 
The Dora Maxwell Social Responsibility Recognition Award is given to a credit union, chapter or multiple credit union group for its social responsibility projects within the community. The Louise Herring Award for Philosophy in Action recognizes practical application of credit union philosophy within the actual operation of the credit union. The Desjardins Youth Financial Education Awards recognizes leadership within the credit union movement on behalf of teaching and maintaining financial skills for life.

Horizons North Credit Union has received a Dora Maxwell Honorable Mention. Through the Bright Horizon Award program, the credit union offers the schools within the Adams 12 Five Star School District opportunities to increase community awareness goals, milestones and achievements submitted by teachers, parents or volunteers within the Adams 12 Five Star Schools.

“It is an honor to be recognized for the Bright Horizons Award by the Mountain West Credit Union Association,” said Brad Harvey, President/CEO of Horizons North Credit Union.   He continued, “we firmly believe in communicating the success of everyday accomplishments within the Adams 12 Five Star Schools, and partnering with them to provide financial solutions for the staff, students, and parents of the district. The Bright Horizons Program is an award that we are honored to be a part of, and will continue to provide for the benefit of our communities.”

Space Age Federal Credit Union has earned a First Place Dora Maxwell Award for their fundraising program, Box Tops for Lowry Elementary School, collecting over 1,700 box top coupons. More than 755 members participated in the program. Including Space Age Credit union’s Bonus Box Top Cash Matching program, the credit union raised $500 in cash donations for Lowry Elementary School. 

“We are very excited to be receiving the Dora Maxwell Award,” said John Uchida, President of Space Age Federal Credit Union.  He continued, “we strived to organize a project that not only brought our members together, but also demonstrated wide-spread community support.  This project was cost-effective, cooperative, and community driven; it really demonstrates the credit union movement.”

Bellco Credit Union has received a Second Place Dora Maxwell Award for their $100,000 donation to the Food Bank of the Rockies for the purchase of three food dehydrators, providing the food bank with the opportunity to preserve stock and distribute food that would have otherwise gone to waste.

“Supporting Food Bank of the Rockies is our way of giving back to the people of Colorado who have provided more than 75 years of support to our financial institution,” said Doug Ferraro, President/CEO of Bellco Credit Union. “With this gift, Bellco Credit Union, along with our members, is able to show our appreciation in a significant and ongoing way, ensuring that the resources in our state do not go to waste and make it into the hands of those in need.”

Boulder Valley Credit Union has earned a First Place Louise Herring Philosophy in Action Award for their work with FBLA (Future Business Leaders of America) and DECA (Distributive Education Clubs of America). As part of Boulder Valley Credit Union’s student-run branch curriculum, the credit union created partnerships with business classes where students were given the opportunity to develop strategies for increasing membership. 

Rick Allen, President/CEO of BVCU, said, “We are honored to receive this prestigious award. Student credit union branches are a natural fit to our mission and passion for financial literacy. Our entire staff works hard to make our student credit union branch program a truly educational experience. The program includes a student advisory board, integration with the schools’ FBLA and DECA clubs, classroom presentations, and interns who work at the student branches. This award is a tribute to our entire staff, our volunteers, the schools, the students, and their families who make this vital educational program a success.”

Arapahoe Credit Union has received a First Place Desjardins Youth Financial Education Award. Reaching more than 7700 students through more than 233 presentations in the 2011-2012 school year alone, this is the fourth consecutive year Arapahoe Credit Union has been recognized for their national award winning Seeds for Financial Success program.
 
 
About the Mountain West Credit Union Association

The Mountain West Credit Union Association is the regional tri-state trade association representing 154 member credit unions, 3.2 million credit union members and $29 billion in assets throughout Arizona, Colorado, and Wyoming.  Not-for-profit in nature, credit unions provide low cost financial services to their members. Founded in 2011, the Mountain West Credit Union Association serves and supports member credit unions through advocacy, communications, community outreach, education & training, operations, public affairs and regulatory & compliance services. The Mountain West Credit Union Association is affiliated with Credit Union National Association (CUNA), World Council of Credit Unions (WOCCU), and CUNA Mutual Group. 
 
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 Award Differentiation Chart