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Entry Form for The Louise Herring Award for Philosophy in Action

The Louise Herring Award for Philosophy in Action is given to a credit union for its practical application of credit union philosophy within the credit union.  It is awarded for extraordinary, internal programs that are focused on its membership and create services that benefit its members. This award is not for charitable work that is directed outside or extended beyond a credit union’s membership.

  • Please include promotional materials, descriptions and photos of project/event with your entry form.  Please no electronic media.
  • Current and previous years’ income statements and balance sheets and/or NCUA Financial Performance Report must be included with the entry materials.
  • Submit materials in a three-ring binder, album, or spiral-bound book.
  • Follow the format of the entry form.  Type your responses on the form provided.

Contact Person_______________________________________________

Title________________________________________________________

E-mail Address _______________________________________________

Credit Union Name____________________________________________

Street Address____________________________________

City___________________ State______  Zip___________

Asset size: _____ Less than $50 million
                _____ $50 million to $250 million
                _____ Greater than $250 million

Credit union's field of membership:_____________________________
Number of credit union branches: __________
Number of credit union members:__________
Number of credit union employees: _________
Number of credit union employees involved in implementing the project:________

Answer the following questions (use additional paper if necessary)

a. If your credit union was involved in multiple projects, please list them here.  If not, proceed to the next question.

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b. Select and describe the one project that was the most successful and the most unique -- the one that best exemplifies the Louise Herring Award for Philosophy in Action. (The ensuing questions must be answered based on this one project.)

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1. How did your project help your members?

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2. Describe how your credit union implemented the project (i.e., explain the process)?

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3. How does the project differ from day-to-day operations?  How could it be used throughout the credit union system?

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4. Explain how members were educated about the project/process and how it showed the true credit union philosophy.

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5.  How is this project going to be used to serve the credit union's members on a consistent basis?

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6. How does the project show your credit union's commitment to the credit union operating principles of democratic structure, service to members, on-going financial education and social goals?

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7. Please describe the measurable or defined results the project achieved

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You must also include a completed checklist with your entry form.

For more information, please contact William Wille, Public Relations Coordinator, at (800) 942-7124, ext. 3216.