America's Credit Union recognized as high performing
Posted on August 31, 2010Joint Base Lewis-McChord, WA – America's Credit Union (ACU) received a Crystal Performance Award from Raddon Financial Group (RFG), a research provider for financial institutions. RFG recently presented its annual awards to high-performing credit unions. The award recognizes 10 credit unions in each asset category (above $500 million and below $500 million) that achieve a top ten ranking on a balanced scorecard measuring growth, income, efficiency and margin management.
More than 500 credit unions were evaluated in this year’s ranking. Each Crystal Performance Award recipient ranked among the top two or three percent of all credit unions analyzed by RFG for two consecutive reporting periods.
“These credit unions have demonstrated excellence in terms of their commitment to develop and deploy successful strategies. Recipients of this award tend to have strong member relationships with higher deposit and loan balances per household, but tend to efficiently and effectively control expenses,” said Bill Handel, Vice President of Research and Product Development with RFG.
“We are proud of this great accomplishment for ACU. Receiving the award affirms our commitment to remain financially strong and ready to serve our members,” said Kenneth S. Leonard, President/CEO of ACU.
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