Wisconsin credit unions honored for community
Wisconsin credit unions are being honored with a Corporate Citizenship
Award—recognizing community involvement—from Corporate
Report Wisconsin magazine (see page 36 of the November issue). The accolade
honors businesses that make a positive difference in
Credit unions were honored
- Additional REAL Solutions that reduce dependency on predatory financial providers,
encourage saving and wealth-building, build creditworthiness, increase
financial self-sufficiency and improve the economic well-being of
Wisconsin communities. Wisconsin credit unions saved their members $201
million in 2011 through more competitive rates on loans and saving and
lower and fewer fees.
"To credit unions, Corporate Citizenship is
not some contrived strategy," said League President & CEO Brett
Thompson. "It's ingrained in their
mission as not-for-profit cooperatives.
Because they have no stockholders, their values are in people, not
profits. It's doing the right thing for the members who own them and the
communities where they live and work."
"Credit unions have helped
members overcome some big challenges in recent years and in doing so
have earned consumer
trust and stayed strong
financially," he added. "It's gratifying to
see them acknowledged in front of a statewide audience as well
as extend the long list of
honors they've already achieved. The
League extends our heartfelt congratulations."
Credit unions are encouraged
to tout this collective honor among their staff, directors, members,
media and lawmakers. A copy of the award certificate, along with a
sample newsletter article, are being included in the October
League Mail packet, sent to all credit union presidents.
You can also download the
award certificate, a sample press release and graphics (useful for your
newsletter, on your website, as teller buttons or window clings, and
more) on our download page at www.theleague.coop/ccaward.
Questions? Contact Christine
Henzig at (262) 408-6019 for assistance.