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Michigan Credit Union League

Outstanding Credit Union of the Year Award

Award Overview

The Credit Union of the Year Award recipient is an affiliated, individual credit union that has been exceptionally supportive of the industry on a local, chapter and state-wide level over the past year. This credit union has gone above and beyond in their involvement in advocacy, performance and service and demonstrates a tireless effort to affect positive change in the industry as a whole.

Up to four award winners are selected based on asset sizes:

  • Up to $49.9 million
  • $50-$250 million
  • $250 - $1 billion
  • $1 billion and above

Criteria

Application Components

A nomination letter must describe in brief detail how some or all of the award criteria were met through:

Requirements

Possible Points

Measurable Impact

  • Chapter involvement and innovation
  • Pioneering and innovative efforts across the industry
  • Community impact and volunteering efforts
  • Financial literacy efforts
  • Consistent record of advocacy

1-2 page max

40

Credit Union Strengths

  • Financial strength and performance
  • New and improved services to members
  • New activities or programs

1-2 pages max

25

Additional Credit Union Efforts

  • Public relations marketing

1 page max

10

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

25

Total

 

100

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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