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Dora Maxwell Award for Social Responsibility
The Dora Maxwell Award recognizes outstanding
efforts in community service
ASSET CATEGORY: LESS THAN $5 MILLION
First place…Great Horizons FCU
Beacon of Hope / Relay for Life
Employing a "Beacon of Hope" theme for their 2005 entry into the American
Cancer Society Relay for Life, this Hammond credit union sponsored team members
who were asked to walk or run laps around a track from dusk until dawn. The
people-helping-people event embodies the positive credit union philosophy and
Great Horizons FCU’s participation sought to raise $2,142 ($2.25 per CU member)
to be used for research, prevention, patient services, detection and the
treatment of cancer. The credit union’s campaign also raised awareness in
addition to funds. Donors were informed that much of the money raised
stays in the local community, for example. Through such promotional activities
as the sale of "beanies" and "feet" displayed in branch lobbies, Great Horizons
FCU raised nearly $3000, exceeding its goal by $800 and providing a true "Beacon
of Hope" in the ongoing fight against cancer.
ASSET CATEGORY: $20 to $50 MILLION
First place…Evansville FCU
Lunch and Learn Program
Extending its commitment in the area of financial education beyond its
membership and out into the larger community, Evansville FCU in 2005 conducted a
series of highly effective, one-hour Lunch and Learn sessions on the last
Thursday of each month. While the lunchtime events were open to members and
guests, this credit union went even further and sent speakers to address
community groups on the vital subject of financial education. Their Budgeting
101 class, for example, taught attendees how to make use of an Excel spreadsheet
to manage their household expenses. Calling upon local experts in the fields of
real estate and investment banking, Evansville FCU served as an effective
educational conduit and financial facilitator for both its members and the
community at large. The credit union employed its staff and its marketing arm,
which used direct-mail postcards, to promote the free Lunch and Learn events. In
addition to the lectures, attendees were provided with pizza and valuable
learning materials. Evansville FCU demonstrated how successful financial
education can effectively be carried out on a relatively low-cost basis. All it
takes is some commitment…and a little pizza!
Second place…Unicorp FCU
Riley Children’s Hospital Fundraising Campaign
When any child becomes ill, it touches the heart of all who learn about it.
And when the people affected are members of your own credit union family, then
the matter becomes particularly poignant. Unicorp FCU in St. John has supported
the work of Riley Hospital in Indianapolis for years, but when their Member
Services Supervisor, Tina Zuccarelli, had an experience with her own son at a
similar Chicago children’s hospital, the real value of that type of support came
into clear focus. Hence her credit union decided to do something more than usual
in 2005 to benefit the children at Riley. Employees were asked to pay $3 for the
privilege of wearing jeans to work on Fridays, for example. The sale of Riley
Christmas cards and tags, along with Golden Opportunity coupon books helped to
add to the coffers. A raffle was organized offering prizes donated by the
Indiana Pacers, the Marriot Indianapolis, Champion Sports Bar and others. First
prize was a getaway weekend featuring courtside tickets to the Pacers vs. Bulls
game in Indianapolis. The campaign was publicized heavily, including the use of
the credit union’s magnificent Christmas tree with ornaments created by young
Riley Hospital patients. The project helped to raise awareness among staff,
members and the general community and succeeded in raising over $1,200 for Riley
showing what can be accomplished when hearts that are touched lead to positive
action.
ASSET CATEGORY: $50 to $100 MILLION
First place…General CU
Walk to Cure Diabetes / Juvenile Diabetes Research Foundation
It’s not often that an organization is able raise nearly double its stated
goal for a worthy charitable cause. But that’s exactly what this Fort Wayne
credit union accomplished on behalf of the Juvenile Diabetes Research
Foundation, a group it has supported for the past three years. The credit union
set its campaign goal at $5,000, $1,000 over the amount raised the prior year.
Fundraising activities included the operation of a chicken barbecue port-a-pit
at a local shopping center. The credit union also fielded a team to participate
in the "Walk to Cure Diabetes" held on October 15, 2005. Via corporate
sponsorships, matching funds and by asking employees to pay $1 to wear jeans and
a company shirt two days each week, more money was raised. Special JDRF
bracelets and sneakers were sold in branch lobbies and a beautiful afghan,
crocheted by a GCU employee was auctioned off. In addition to money, awareness
about Juvenile Diabetes among the credit union’s staff and membership was
raised. The campaign raised a total of $9,316 for Juvenile Diabetes
research proving that when it comes to community commitment, you can’t set your
sights too high.
ASSET CATEGORY: $100 to $200 MILLION
First place…Fort Financial FCU
Hurricane Katrina — Chaos to Comfort
Like all Americans, this Fort Wayne credit union was moved by the suffering
and devastation brought on by Hurricane Katrina and its wake. And like many,
Fort Financial FCU rolled up its sleeves and got to work to help out. Starting
mere days after the tragedy, Fort Financial’s people began holding fundraisers
to benefit hurricane victims. Specifically directing the money raised towards
Habitat for Humanity’s Operation Home Delivery, America’s Second Home and the
American Red Cross, the Chaos to Comfort ad hoc committee showed enormous
creativity in planning activities that would net a high return. Such low initial
investment programs as the sale of marbled plastic Hurricane Katrina bracelets,
volunteer crafts sales, and branch bake sales helped bring in the needed cash.
The credit union’s Illinois branch put on a chili supper for evacuees being
housed in their area and aided in the distribution of Wal-Mart gift cards for
the purchase of household items. Through the use of matching funds and effective
marketing and promotional initiatives, Fort Financial FCU raised over $7,000
which was used to meet the needs of Katrina victims and move them further from
the chaos and closer to regaining the comfort of their normal lives.
ASSET CATEGORY: $200 to $500 MILLION
First place…Elkhart County Farm Bureau CU
American Cancer Society "Relay for Life"
Because of cancer’s profound impact on the economic and emotional well being
of a community, the struggle to combat it is one that unites people from all
walks of life. Nowhere is this more true than in Elkhart where the FBCU has
served as a stalwart community leader. While actively participating in such
American Cancer Society fundraisers as Daffodil Days and its annual golf outing,
it is the Relay for Life that illustrates this credit union’s deep-felt
commitment to the fight against cancer. Via corporate dollars donated, staff
hours volunteered and wide membership participation, FBCU successfully raised
nearly $9,000 in this ongoing struggle. FBCU team members walked each of the
slots during the 18-hour event while volunteers supplied the snacks and
refreshments. A campsite fundraiser and other Relay for Life activities added to
the kitty. Promoted through lobby displays and the sale of "feet" at the
branches, FBCU’s involvement sent a clear message to the public: We are
committed to give back to the communities in which we operate.
Second place…Bayer FCU
Financial Literacy Seminar Program
Recognizing the fact that Indiana suffers from one of the highest per capita
bankruptcy rates in the nation, the leadership of this Elkhart credit union
decided to become proactive and help promote financial literacy through
educational programs aimed at members and the general community. It was felt
that the key to encouraging people to spend their money wisely was to educate
them on issues that are seemingly difficult to grasp: interest rates, mortgages,
credit ratings, etc. The target audience for the financial education seminars
was identified as those employed at the credit union’s SEGs as well as high
school students. Five area businesses were approached and established one hour
lunchtime seminars that attracted capacity crowds. The seminars were promoted
via in-house flyers, break room posters, and company bulletins. Enthusiastic
employee volunteers taught the seminars. While no statistical analysis has yet
been conducted to measure the impact of the seminars on area bankruptcy rates,
the goals of program — getting people involved and educated about how to become
more fiscally responsible — were clearly achieved.
Honorable Mention…Finance Center FCU
International Center Financial Literacy Training Program
This credit union provides quarterly financial literacy training for
foreign-born families who live and work in Indianapolis. Facing the growth of
its community’s immigrant population, the Finance Center FCU decided to take
positive action. Realizing that immigrants often fall victim to high fees for
financial services and high interest rates from sub-prime lenders, a preventive
education program was established to both teach the basics of American-style
financial management and to alert new Americans to the dangers of fraud and
identity theft. Working with Crime Stoppers’ Spanish-language hotline, the
International Center and La Plaza Hispanic Center, the credit union has been an
effective and trusted resource as it reaches out to its increasingly diverse
community.
Honorable Mention…Professional FCU
Hurricane Katrina Relief — RV Donation
Fulfilling its mandate on behalf of social responsibility, this Fort Wayne
credit union did its part creatively by aiding victims of Hurricane Katrina —
one displaced family at a time. The credit union identified a Mississippi family
of three whose home had been severely damaged. One family member works for a
Mississippi credit union and the Mississippi Credit Union Association referred
her family’s plight to Pro Fed. The credit union’s board agreed to meet the
family’s temporary housing need by dispatching a recently repossessed
recreational vehicle. In addition, Pro Fed’s staff and board members contributed
needed food and clothing that was stocked into the RV before it was driven to
Jackson and delivered to the family.
ASSET CATEGORY: OVER $500 MILLION
First place…FORUM CU
Spirit Advisory Council
Early in 2005, this Fishers-based credit union established the FORUM Spirit
Advisory Council: a committee of 14 employees charged with formalizing the
company’s community relations efforts. They quickly set an agenda aimed at
comprehensively coordinating the many community service projects involving the
credit union and its employees. The Council has to date demonstrably succeeded
in empowering its people to give freely of their time and talents. By creating
an ongoing infrastructure, FORUM has boosted its participation and effectiveness
in a wide range of worthy community causes, such as the American Cancer
Society’s "Relay for Life," the Credit Union Foundation’s Efforts to Aid
Hurricane Katrina Victims, the Second Helping Foodbank, United Way "Day of
Caring," and a host of others.
Second place…Evansville Teachers FCU
Celebrate the Season of Giving
This credit union helped to make the holiday season bright for those in need
in 2005. From Thanksgiving through December 16, ETFCU held special seasonal
events at all nine of their locations aimed at collecting cash, food and toy
donations for local charities. Attendees were treated to candy canes, cookies
and hot chocolate and were entertained by Christmas carolers. The successful
events were promoted via newsletters, lobby cards, and TV and radio live remote
coverage. Thanks to ETFCU’s efforts hundreds of needy local families enjoyed a
merrier Christmas while even more of the credit unions’s members were touched by
the true spirit of the season — the Season of Giving.
Honorable Mention…Indiana Members CU
American Cancer Society Relay for Life
In June 2005 this Indianapolis credit union participated in the American
Cancer Society’s Relay for Life fundraising event to benefit cancer research.
The 24-hour event called for the credit union’s employee volunteers to
continuously walk a high-school indoor track. Participants from the credit
union’s twenty branches and departments were organized into two teams for some
friendly competition. Money was raised via candy bar sales, garage sales, car
washes, raffling vendor-donated gifts and a special luncheon. The six-week
campaign enjoyed a tremendous level of employee support and this fact accounted
for its success, raising over $16,500 for cancer research. The event was
promoted through intramural competition to see which branch could raise the most
money as well as conventional marketing involving posters, custom buttons and a
Ms. Relay pageant. Direct mail and email was used to publicize the various
fund-raising events held at the branches. When it came to participation level
and dollars raised, this credit union went the distance.
The Louise Herring Award
The Louise Herring Award recognizes excellence in
Credit Union philosophy in action.
ASSET CATEGORY: OVER $100 MILLION
First Place…Finance Center FCU
Member Financial Literacy Training
The philosophy behind credit unions calls for them to serve as more than
mere depositories of their members’ wealth. The idea is to enable credit union
members to become more informed and more financially responsible citizens. The
Financial Literacy Training program at the Financial Center in Indianapolis
embodies this principal to the fullest. Consisting of 21 member training
sessions over a 12 month period, the course offers valuable information about
such vital financial topics as the home purchase process, IRA contributions, and
long-term financial planning, among others. Taught by employee volunteers, the
classes are enhanced using PowerPoint presentations, workbooks and interactive
exercises. The mission of the training program is encapsulated in the credit
union’s new slogan: "We succeed only when you succeed." With classes in
BillPayer Training and Youth Financial Planning, the classes go a long way
toward enlightening a large portion of the membership about how to implement the
credit union’s many products and services to their own financial benefit. To
date, 123 members have completed the training program and the plan is for more
such courses to be offered in the future. A future made brighter by a more well
informed and financially literate membership.
The Alphonse Desjardins Awards
The Alphonse Desjardins Awards recognize excellence
in youth financial literacy efforts.
ASSET CATEGORY: $20 to $80 MILLION
First Place…Perfect Circle CU
Financial Education Roadshow
Adhering to the adage "It’s easier to build a child than to change an
adult," Perfect Circle CU in Hagerstown mounted a series of highly effective
educational outreach programs aimed at promoting financial literacy among area
young people. Employing everything from traveling billboards to promotional
DVDs, Perfect Circle CU got the word out to teens and young adults. Once such
program, the Financial Education Roadshow, involved a series of free seminars at
business and organizational venues across Wayne and Henry Counties. By sending
speakers into area high schools through the Community In Schools (CIS) program,
this credit union also succeeded in reaching hundreds of area students and
educating them about such financial basics as balancing a checkbook. Seminars
such as "How to Raise a Money Smart Child" were also offered to parents.
Second Place…Evansville FCU
"Together, we’ll make it happen."
Taking a strong frontline stand in the battle against financial illiteracy,
this credit union is taking to the message directly to area young people. Via
three youth-oriented programs: CU Discover® (ages 12 and under), CU
Succeed® (ages 13-17) and CU Achieve® (students 18-22),
EFCU has been effectively teaching young people about money. Using kid-produced
newsletters, participants learn about the importance of saving, for example. The
program has reached out to the local high school system where the CU sponsors
the very popular Live the Game role-playing game. The game effectively
teaches the value of budgeting, investing, and retirement planning. Through an
effective media campaign, Evansville FCU has succeeded in informing teachers,
school officials, credit union members, elected officials and the media about
the growing problem of financial illiteracy among our youth. By training
teachers, supplying in-school programming and working with organizations such as
Southwest Indiana Network for Education (SINE), Evansville FCU is making things
happen — in a very positive way — for the young people of its community.
ASSET CATEGORY: Over $200 MILLION
First Place…Bayer FCU
NEFE education program at the Bashor Children’s Home
By spreading the word about financial responsibility among those who would
most benefit from the message — area troubled youth — this Elkhart-based credit
union has succeeded in building enthusiasm and financial awareness among an
historically underserved segment of its community. Bayer FCU established a
series of 8 monthly 75-minute classes at the Bashor Children’s Home in September
2005, aimed at its population of 16- to19-year olds. The classes incorporated
the National Endowment for Financial Education’s High School Financial Planning
curriculum and employed teaching materials provided by NEFE. The credit union
also enlisted the Goshen High School business class to teach sessions on the
importance of credit. Benefiting from creative teaching techniques, such as
Question/Bingo games and after learning about Bayer FCU’s innovative Generation
Z youth account program, the program’s 15 young participants received their
certificates of completion in May 2006.
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