Centra recognized for its philanthropy
Oct. 31—COLUMBUS — Centra Credit Union was recently honored with three statewide awards for its philanthropic efforts and customer-friendly programs by the Indiana Credit Union League.
The winners were announced at the Indiana Credit Union League President’s Awards Banquet.
Centra has received the following awards:
* First place for the Alphonse Desjardins Prize for youth financial literacy.
This award recognizes leadership and activities that support the personal financial education of members and non-members.
Centra won first place for the team’s efforts to introduce the financial education app Zogo and improve the account opening process for members aged 13-17 by eliminating the requirement for an adult co-owner for the account.
* First place for the Louise Herring Philosophy in Action Prize.
This award recognizes a credit union‘s practical application of the credit union philosophy in the actual operation of the credit union. For example, the award is usually given for internal programs and services that benefit members of the credit union.
Centra took first place for introducing member loyalty rewards, including the streamlining of Centra’s checking account options and the initial $2 million payout in special dividends.
* Second place for the Dora Maxwell Social Responsibility Community Service Award.
This award recognizes a credit union or group for its social responsibility projects within the community.
Centra won second place for the team’s #PayItForward service project held on October 11, 2021.
Each member of the Centra team received a $20 gift card to use in the community. Team members can use gift cards individually or with a team to buy someone’s groceries, donate to a local nonprofit, buy snacks for first responders and more Again.
About Centra Credit Union
Centra Credit Union has 24 branches in central and southern Indiana, as well as in Jamestown, New York, and Whitakers, North Carolina.
With total assets of $2 billion, Centra is among the five largest credit unions in the state of Indiana.
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