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FirstLight FCU Recognized as 2014 Army CU of the Year
Thursday, June 18, 2015 7:00 AM

Karl Murphy, president and CEO of FirstLight Federal Credit Union, along with other credit union officials will be awarded the national-level award at a ceremony attended by Fort Bliss leadership and Roland A. Arteaga, president and CEO of Defense Credit Union Council (DCUC), in August at the DCUC Conference.

"To be recognized as the national credit union of the year is a real honor, second only to that of serving our members," said Murphy. "I will accept this award on behalf of every employee at FirstLight who gives the highest level of service and commitment to the community, and all of our members in and around El Paso, Texas, and Las Cruces, New Mexico."

In reviewing nominations for the Army Bank and Credit Union of the Year award, the DCUC considers many aspects of the financial institution's operation. These criteria include: service exceeding normal requirements; financial education and contributions made to financial counseling programs; products, services, or programs developed to combat predatory lending practices; community support; special services provided by command request; and an ability to demonstrate a professional attitude and financial leadership.

FirstLight Federal Credit Union met all these requirements and exceeded them in many ways. With an involvement in literally hundreds of El Paso County and Dona Ana County events, programs, charities, and outreach efforts, FirstLight is an important part of the community and provides invaluable assistance to many area groups, including unique services for the soldiers of Fort Bliss.

First Light’s history in the area goes all the way back to 1955, when it was originally known as Frontier Federal Credit Union. Over the years, there have been many changes throughout the area, including the institutional growth of the credit union. As of summer 2014, FirstLight has total assets of more than $884 million and serves 106,591 members.