RANCHO CUCAMONGA, Calif. (3/4/14)--Three credit union employees will compete for a $10,000 grand prize in CO-OP Financial Services' CO-OP THINK Prize 14 competition.
"This is the fourth year of the CO-OP THINK Prize, and this year we have the greatest depth of ideas in competition history," said Stan Hollen, CO-OP Financial Services president/CEO. "The entries can take any form and these ideas--emphasizing technology to educational marketing, including to the very young--reflect the diverse creative thinking we are seeking to inspire."
The winner will be announced May 21 at the THINK 14 Conference, set for May 19-22 in New Orleans.
The three finalists and their business plan titles are:
- Sanam Kazi, project coordinator, $377 million-asset Chicago Patrolmen's FCU, "Customizable Website for Financial Education to Credit Union Members;"
- Christopher Whalen, marketing and e-services specialist, $401 million-asset Connex CU, North Haven, Conn., "Mobile One: A Complete Financial Solution;" and
- Brett Wooden, senior vice president, marketing and information technology, $191 million-asset Cy-Fair FCU, Houston, "Embrace a Child's Imagination to Develop Financial Literacy."
The three finalists were selected from 20 semifinalists by judges from CO-OP Financial Services and Filene Research Institute. The contestants submitted business plans for ideas to help the credit union movement compete successfully in today's financial services market.
Scoring of the winning entry will be based on the critique of judges from CO-OP Financial Services and Filene Research Institute; online voting by credit union employees at www.co-opthink.org; and on-site voting by registered THINK 14 Conference attendees. MasterCard is presenting the $10,000 grand prize.
Details on the entries by the three finalists can be viewed online. Use the link.