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Cornerstone Seeks Entries in Dora Maxwell, Louise Herring; Desjardins Award Programs
Thursday, July 03, 2014 6:50 AM

Has your credit union or chapter made extraordinary efforts in the areas of community involvement and demonstrates daily the credit union philosophy of “people helping people”? Or perhaps your credit union or chapter has taken the initiative to help improve the financial well-being of today’s young people.  If so, the Cornerstone Credit Union League encourages you to be recognized for your efforts and participate in the National Credit Union Recognition Programs, sponsored by Cornerstone and the Credit Union National Association (CUNA). 

Through July 28, 2014, Cornerstone is accepting nominations for the Dora Maxwell Social Responsibility Community Service Award, the Louise Herring Philosophy in Action Member Service Award and the Desjardins Youth and Adult Financial Education award programs.  Information on all four award programs, as well as how the competition works, is available in the Awards & Recognition section of Cornerstone’s web site.

The Dora Maxwell award was created to encourage credit union and chapter involvement in community activities, while the Louise Herring award recognizes credit unions that demonstrate in an extraordinary way the practical application of credit union philosophy, which is what distinguishes credit unions from other financial service providers.

In the Dora Maxwell award program, credit unions compete against others within their asset category in their respective state or with other chapters within their respective state at the League level. The asset categories are:

  • Less than $5 million in assets
  • $5 - $20 million in assets
  • $20 - $50 million in assets
  • $50 - $100 million in assets
  • $100 - $200 million in assets
  • $200 - $500 million in assets
  • $500 million - $1 billion
  • $1 billion+
  • Credit union chapter/multiple credit union group

In the Louise Herring award program, credit unions compete against others within their asset category in their respective state or with other chapters within their respective state at the League level. The asset categories are:

  • Less than $50 million
  • $50 - $250 million
  • $250 million - $1 billion
  • $1 billion+
  • Credit union chapter/multiple credit union group

The Desjardins Youth and Adult Financial Education Awards recognize leadership within the credit union movement on behalf of youth and adult financial literacy. It considers all activities supporting the personal finance education of members and nonmembers, including, but not limited to, face-to-face teaching using proprietary materials and curricula such as the NEFE High School Financial Planning Program® (HSFPP) as well as financial literacy leadership efforts.

In the Desjardins youth and adult programs, credit unions compete against others within their asset category in their respective state or with other chapters within their respective state at the League level.  The asset categories are:

  • Less than $50 million in assets
  • Between $50 million and $150 million in assets
  • Between $150 million and $500 million in assets
  • More than $500 million in assets
  • Credit union chapter/multiple credit union group

Cornerstone will judge all entries, advancing only first place winners from all three states within its region in each award program (by category) to national competition.  CUNA will then select winners from each category and award the national Dora Maxwell, Louise Herring and Desjardins winners.

For more information, please visit the Awards & Recognition section of Cornerstone’s web site. If you have any questions, please contact Cornerstone’s Vice President of PR and Communications Linda Webb-Mañon, at (469) 385-6486, (800) 442-5762, ext. 6486 or e-mail lwebb-manon@cornerstoneleague.coop