Credit unions win ‘Collaboration and Innovation’ award
ORNL Federal Credit Union (FCU) and Y-12 FCU were recently recognized with the Collaboration and Innovation Award by the National Association of Credit Union Service Organizations (NACUSO).
The award was presented to both organizations this year at the annual NACUSO Network Conference in Orlando.
The award recognizes excellence in collaboration through use of the Credit Union Service Organization (CUSO) model.
Though competitors within the East Tennessee market, the collaboration between ORNL FCU and Y-12 FCU is unique:
The organizations recognize the power of working together to better serve their members and the community. ORNL FCU and Y-12 FCU formed CU Insurance Services of Tennessee and CU Community Title in 2015. The creation of the two companies allows the credit unions to offer the best mortgage services, title services, and insurance products to help fulfill the needs of members.
Mark Ziegler, President and CEO of Y-12 FCU stated, “As financial cooperatives, credit unions recognize the value of combining our resources for the greater good. We are very proud of the CU Community collaboration and the services it enables us to provide our membership.”