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Michigan Credit Union League

2018 MCUL Awards: Innovation

Another year of excellent work in the credit union movement has passed, and the Michigan Credit Union League (MCUL) would like to recognize the credit unions and professionals that truly showcased the mission of “people helping people” with the 2018 MCUL Awards.

The following are the winners of the Innovation Awards, in each asset category:

Innovation (50-under): Limestone FCU

Last year, Limestone Federal Credit Union started a program called The Grind, which trains high school students to be entrepreneurs. The Grind gives them a chance to create and operate a real-life start-up, developing financial planning, strategic planning and a fundamental business plan — much of which is done by collaborating with other students and community members. This program is important for leading participants into future success, and further, Limestone’s project offers something to the area that they previously did not have — truly bringing innovation to the community.

Innovation (50-400): CASE CU

Two years ago, CASE Credit Union partnered with the Lansing Financial Empowerment Center to sponsor their program Bank 2.0, which works with parolees and probationers to educate them about financial stability. A poll of last year’s participants showed overwhelming praise for the program. In 2017, CASE also partnered with the Capital Area Community Services, specifically on their Financial Literacy Property Tax Foreclosure Prevention program to provide assistance for community members faced with property tax foreclosure. These initiatives to say “yes” to so many people who are always hearing “no,” exhibits such dedication to providing for those in need.

Innovation (400+): LAFCU

Last year, LAFCU exhibited innovation by bringing a community together through the use of state-of-the-art technology. When the credit union installed an Interactive Teller Machine at a local supermarket, the community realized they had a direct link to a LAFCU teller instead of just a digital machine.

Among many other achievements with local schools, in 2017, LAFCU was instrumental in fostering relationships between Perry High School and six smaller rural and private schools. LAFCU stepped up as the sole sponsor of the Greater Lansing Activities Conference, which was vital for the event to provide a quality recognition program for this group of seven schools. The credit union understands the needs their community has and works outside the box to find great ways to help see those needs met.

These winning credit unions will be formally awarded at the Honor Awards Breakfast during MCUL/CUSG’s 2018 Annual Convention & Exposition in Traverse City, June 6–9.

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2018-03-01 00:00:00