Award Spotlight: Louise Herring Philosophy-in-Action Member Service Award

Several Recognition Awards will be presented to New York credit unions during the New York Credit Union Association’s 2021 virtual Annual Meeting & Awards Presentation, which will be held from 3 to 5 p.m. on Thursday, June 24. Today’s featured award is the Louise Herring Philosophy-in-Action Member Service Award, which is awarded to a credit union for its practical application of credit union philosophy within the actual operation of the credit union. It is awarded for internal programs and services that benefit membership.

This year, the Association is proud to recognize Visions FCU for its “We Care Skip” program. Alongside other COVID-19 relief programs, Visions FCU instituted the We Care Skip program, allowing qualified members to skip three months of eligible loans — penalty-free, no questions asked. In total, the credit union allowed over 28,000 skipped payments to members who were struggling financially.

People have struggled throughout the entirety of the COVID-19 pandemic, but when it first started in March, many were faced with the sudden loss of their jobs and a reduction in income. Peoples’ lives were upended financially. We knew we had to do something to help.

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