Katie BaileyOn Wednesday, The League of Credit Unions & Affiliates proudly presented the 2024 Credit Union of the Year Awards during the Inaugural ENGAGE Conference, held in Orlando, Florida. These prestigious awards recognize credit unions and credit union professionals who have demonstrated exceptional service, innovation, and community impact.
Open exclusively to credit unions within The League’s footprint—Alabama, Florida, Georgia, and Virginia—the Credit Union of the Year Award honors affiliated institutions for outstanding achievements in daily operations, financial performance, and community outreach.
This year’s award winners, recognized by asset size, are:
- Credit Union of the Year (Up to $100 Million in Assets):
Peoples Advantage Federal Credit Union – Petersburg, Virginia - Credit Union of the Year ($100 Million to $500 Million in Assets):
Platinum Federal Credit Union – Duluth, Georgia - Credit Union of the Year (More Than $500 Million in Assets):
Chartway Credit Union – Virginia Beach, Virginia
People’s Advantage Federal Credit Union was recognized for its strategic vision and deep commitment to equity, providing tailored financial services to underserved communities in Petersburg and Richmond, Virginia. Notable initiatives like their Financial Empowerment Centers and Affordable Home Ownership Program reflect their dedication to breaking down financial barriers and building long-term sustainability.
Platinum Federal Credit Union, serving members across 35 states, has excelled in financial inclusion by disbursing over $800 million in loans and awarding $1 million in scholarships. Their culturally inclusive approach—offering multilingual resources and impactful outreach—demonstrates a steadfast commitment to service, education, and empowerment.
Chartway Credit Union made a remarkable impact in 2024 by returning $40 million in dividends to members and significantly expanding their services, including new branches and advanced teller technology. Their investment in youth, financial literacy, and community giving underscores a mission rooted in empowerment, accessibility, and sustained impact.
“Congratulations to the Credit Union of the Year award winners—each exemplifies the highest standard of excellence in financial services, innovation, and community impact,” stated Samantha A.M. Beeler, President of The League of Credit Unions & Affiliates. “Their community impact is not only transforming the lives of their members but also shaping the future of the credit union industry”
The League extends heartfelt congratulations to this year’s winners and applauds their unwavering dedication to member service and community impact.
