Labor Credit Union, formerly known as Department of Labor Federal Credit Union (DOLFCU), was named the 2022 Credit Union of the Year (less than $250M) by the National Association of Federally-Insured Credit Unions (NAFCU) last week. Labor Credit Union will be honored during NAFCU’s Congressional Caucus in Washington, D.C. September 11-14. The winners of NAFCU’s annual awards program are chosen by a committee of peers based on entries exemplifying above-and-beyond achievements, dedication, service in the community and leadership. Labor Credit Union was specifically recognized for its programs aimed at contributing to brighter futures by building a foundation of financial success. For example, the credit union’s “Make First Time Home Buying a Reality” grant program has had an immediate, positive impact on members by turning dreams of homeownership into reality. In addition, free financial coaching through a partnership with BALANCE has served 1,532 Labor Credit Union members. Nineteen of these members improved their credit scores by 100 points and were rewarded with $100 from Labor Credit Union. “This recognition of our efforts to serve the labor community is like icing on the cake of a great year,” says Thomas Domingue, President/CEO of Labor Credit Union. “In 2021, we provided our members with $3,406,830 in direct financial benefits. Just like the working people we serve; our team works tirelessly to make a difference in our members’ lives.” More information about Labor Credit Union may be found at www.laborcu.org.
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Author: Mike LawsonMarried to a most gorgeous and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple. Archives
April 2024
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