Centra receives statewide awards

Centra Credit Union was recognized for three statewide awards for philanthropic efforts and member-friendly programs by the Indiana Credit Union League. The award recipients were announced at the Indiana Credit Union League Chairman’s Awards Banquet Oct.14.

Centra received first place for the Alphonse Desjardins Award for Youth Financial Literacy. This award recognizes leadership and activities that support personal financial education. Centra was awarded first place for the team’s efforts to introduce the financial education app Zogo and improve the account opening process for members ages 13 to 17 by eliminating the requirement for an adult co-owner for the account.

Centra also received first place for the Louise Herring Philosophy in Action Award. This award recognizes a credit union’s practical application of credit union philosophy within the actual operation of the credit union. Centra was honored for introducing Member Loyalty Rewards, including the streamlining of Centra’s checking account options and the initial payout of $2 million in special dividends.

The credit union placed second for the Dora Maxwell Social Responsibility Community Service Award. Centra was awarded second place for the team’s #PayItForward service project Oct. 11. Each Centra Team Member was given a $20 gift card to use in the community. The card could be used individually or with a team to buy someone’s groceries, donate to a local non-profit, purchase snacks for first responders or other actions.