Innovation Award

Award Overview

The Innovation Award recognizes credit unions and/or chapters for innovative thinking, action and community involvement. These awards acknowledge the creative ways credit unions and chapters think outside the box in order to further the credit union movement.

Criteria

Application Components A nomination letter to describe in brief detail how some or all of the award criteria were met through:	Requirements	Possible Points
Measurable Impact Describe how your innovation has positioned the credit union as an improved financial leader for the communities served Creation of New/Improved Services New activities or programs Fulfilling a previous void Community impact Financial literacy efforts Employee Development/Culture Operations and Financial Strength Influencing our industry	1 page max	30
Additional Efforts Consistent record of innovation throughout the years; always evolving to meet member needs	2 pages max	5
Letters of recommendation Provide letters of support that address the author’s first-hand knowledge of the nominee in relation to all of the award criteria listed above.	2-5 letters max	15
Total		50

Please submit all documents and support material online through the form above. All sections should be submitted in one document with sections clearly defined.

The MCUL Awards Committee, on the basis of the nominations and supporting information received, proposes the winner to the MCUL Board of Directors to be ratified.

Any nomination submitted may be featured in various MCUL and MCUF materials to demonstrate how credit unions and their leaders benefit their communities. Submission of a nomination indicates approval for the MCUL and MCUF to use the nomination materials in its publications and advocacy efforts.

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Innovation Award

Award Overview

Criteria