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U.K. s Unity Trust Bank launches CU awards
Marlene Shiels, World Council of Credit Unions director, explains the importance of the global credit union movement to dignitaries in the United Kingdom's House of Lords, as Damian Hinds, chair of the Parliamentary All Party Group on Credit Unions looks on. (Photo provided by the World Council of Credit Unions)
LONDON (7/27/10)--To help publicize the positive role credit unions play, particularly in light of the recent global economic crisis, the United Kingdom’s (U.K.'s) Unity Trust Bank last week launched the country’s first National Credit Union Awards for Excellence program. World Council of Credit Unions (WOCCU) Director Marlene Shiels, chief executive of Capital CU in Edinburgh, Scotland, participated in the launch of the program, which will recognize its first round of honorees in February 2011. "Every day, more than 49,000 credit unions worldwide provide products and services to their members, especially those demonstrating the greatest financial need," said Shiels to assembled dignitaries of the U.K.’s House of Lords Thursday. "These awards are a tribute to those credit unions and individuals who have gone above and beyond on behalf of their members.” The National Credit Union Awards for Excellence, which Unity Trust organizers say have been modeled after similar programs in Canada and the U.S., will recognize top performers in the areas of marketing, community mobilization, credit union education, fundraising and active partnerships, as well as provide an award to a single benefactor of the U.K.’s credit union movement. The top honor, as drawn from all six categories, is named after Edward A. Filene, the Boston merchant who helped pioneer the U.S. credit union movement. Winners in each category will receive trophies and cash awards. “These awards emphasize that our historic support for credit unions remains a long-term commitment and a fundamental building block in our strategy of promoting key social initiatives such as tackling financial and social exclusion,” said Kevin Turmore, managing director of Unity Trust, which provides banking services to more than 48% of the U.K.’s credit unions. Although not formally a part of the awards judging panel, WOCCU representatives have been invited to participate in next year's ceremony recognizing award winners.
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