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Town & Country FCU’s Betsy St. Pierre (l) and Kathryn Beaule (r) each hold a first-place award the CU received from the Maine Credit Union League. They are pictured with Todd Mason, President/CEO of the Maine Credit Union League. A record 22 entries were received for the League’s State Awards this year.
Community-service, member education and financial education? These have all been synonymous with Maine credit unions for years. However, getting credit unions to take the time to get all of this great and meaningful work and efforts recognized has been an on-going challenge. However, the 2018 Maine CU League state awards received a record number of entries from credit unions. In total, 22 credit unions were recognized for various initiatives and contributions to their communities, members and others.
“By nature, credit unions are historically humble. Many of the initiatives that credit unions do is not about getting recognition, it’s about doing the right thing,” said Jon Paradise, Vice President of Public Affairs and Engagement for the Maine Credit Union League and who helps to coordinate the state awards program. “Some of the projects that credit unions do are truly amazing, and it’s great to see so many taking the time to submit an entry for recognition.”
The 2018 State Awards recognize credit unions for community-service, member education and youth and adult financial education. The following credit unions were honored:
Dora Maxwell Community-Service Award
First Place:
Oxford FCU
Town & Country FCU
Second Place:
NorState FCU
Honorable Mention:
Central Maine FCU
Cumberland County FCU
Community CU
PeoplesChoice CU
Louise Herring Member Education Award
First Place:
Five County CU
Infinity FCU
Second Place:
Dirigo FCU
Honorable Mention:
Central Maine FCU
Community CU
NorState FCU
Desjardins Youth Financial Education Award
First Place:
Five County CU
Second Place:
Cumberland County FCU
Honorable Mention:
Bangor FCU
Central Maine FCU
Community CU
PeoplesChoice CU
Desjardins Adult Financial Education Award
First Place:
Community CU
Town & Country FCU
Second Place:
Central Maine FCU
“From saving members money and doing fantastic social responsibility efforts for ending hunger and other community-related projects to providing youth financial education to thousands of Maine students and providing unique educational opportunities and seminars aimed at helping adults become more financially successful, Maine credit unions are demonstrating the ‘people helping people’ philosophy on a daily basis,” added Paradise.
All first-place honorees will compete in the national competition, coordinated by the Credit Union National Association (CUNA), in the fall. At least one Maine credit union has received a national award in this competition in 15 out of the past 19 years.