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Raddon Financial Group Announces Annual Crystal Performance Award Winners for Top Performing Credit Unions

Friday, September 30, 2016

Twenty-two credit unions recognized by Raddon as leading performers for annual growth, income, efficiency and margin management based on a balanced scorecard measurement

LOMBARD, Ill., September 30, 2016 – Raddon Financial Group, a leading provider of financial industry research and trends data, today announced the winners of its Crystal Performance Award for credit unions. The 22 winners rank among the top three percent of more than 500 credit unions in the Raddon CEO Strategies Group analyzed over a one-year period. Rankings are determined through an in-depth analysis of each credit union’s financial statements, sales figures, service penetration metrics and member household relationship data.

Crystal Performance Award winners in the more than $500 million in assets category include:

  • Abbott Laboratories Employees Credit Union (based in Gurnee, Ill.)
  • Coast Central Credit Union (based in Eureka, Calif.)
  • Community First Credit Union (based in Appleton, Wis.)
  • Dupaco Community Credit Union (based in Dubuque, Iowa)
  • ENT Credit Union (based in Colorado Springs)
  • F&A Federal Credit Union (based in Monterey Park, Calif.)
  • First Community Credit Union (based in Jamestown, ND)
  • Logix Federal Credit Union (based in Burbank, Calif.)
  • Mobiloil Federal Credit Union (based in Beaumont, Texas)
  • Randolph-Brooks Federal Credit Union (based in Live Oak, Texas)
  • Robins Federal Credit Union (based in Warner Robins, Ga.)

Crystal Performance Award winners in the less than $500 million in assets category include:

  • Capital Credit Union (based in Bismarck, ND)
  • Cornerstone Community Financial Credit Union (based in Auburn Hills, Mich.)
  • ELGA Credit Union (based in Burton, Mich.)
  • Five Star Credit Union (based in Dothan, Ala.)
  • Frankenmuth Credit Union (based in Frankenmuth, Mich.)
  • Marshall Community Credit Union (based in Marshall, Mich.)
  • Southpoint Financial Credit Union (based in Sleepy Eye, Minn.)
  • Superior Choice Credit Union (based in Superior, Wis.)
  • Texas Bay Credit Union (based in Houston)
  • Utah First Federal Credit Union (based in Salt Lake City)
  • WyHy Federal Credit Union (based in Cheyenne, Wyo.)

“The Crystal Performance Award recognizes the hard work and dedicated team effort that top performing credit unions put forth,” said Michael Harden, executive vice president and CIO of F&A Federal Credit Union, a $1.5 billion credit union based in Monterey Park, California. “On behalf of our 45,000 members, we greatly appreciate this recognition, and look forward to our continued engagement in the Raddon CEO Strategies Group.”

“Each year, top performing credit unions receive the Crystal Performance Award for achieving best-in-class scorecard results among their peers,” said Bill Handel, vice president of research, Raddon Financial Group. “The Crystal Performance Award recognizes each credit union’s strong leadership and commitment to service excellence. Raddon congratulates the 22 winners for their leading annual performance and dedication to the credit union movement.”

The Raddon CEO Strategies Group serves credit unions of all sizes with a detailed analysis of key performance indicators and growth opportunities. Participants receive access to comprehensive reports, regional workshops and on-site presentations to drive efficiency, cross-selling and member relationships. Crystal Performance Award winners were formally presented with an award at the Raddon CEO Forum in August 2016.

About Raddon

Raddon has been providing financial institutions with research-based solutions since 1983. Since we work exclusively with financial institutions, we understand the industry and can apply our practical know-how to the unique challenges and opportunities financial institutions face. We combine best practices in research and analysis with consulting and technology solutions to help institutions achieve sustainable growth and improve financial performance.