St. Paul Federal Wins National Award
St. Paul Federal Credit Union was honored to receive the 2013 Louise Herring Philosophy-In-Action Award. The award was given for the Credit Union's commitment to its student-run branch at Como Park Senior High School in Saint Paul.
The Credit Union was awarded First Place at the state level and Honorable Mention at the national level. In its commendation, the award committee stated: "St. Paul Federal Credit Union, through the opening of its student-run credit union at Como Park High School, has created several programs to benefit both underclassmen and college-bound seniors. Using classroom sessions and participation at the in-school branch, students have been able to improve their financial literacy and saving techniques. The credit union also provides work-based learning and internship opportunities, conducts classroom presentations on financial management and offers educational scholarships to Como Park students."
The Louise Herring Philosophy-In-Action Member Service Award is given to credit unions that demonstrate the internal application of credit union philosophy to help better financial matters and increase financial education for its members. Examples include exceptional member service, financial counseling for members experiencing difficulties, and educating members on the credit union difference.
St. Paul Federal Credit Union, along with the other award recipients, will be honored at a special reception in Washington D.C. on February 26, 2014.
Pictured above are Tim Smith, Ruben Cortes and Mai Her, 2013—2014 interns at St. Paul Federal Credit Union's student-run branch at Como Park Senior High School in Saint Paul.