Congratulations to Labor Credit Union, formerly known as Department of Labor Federal Credit Union (DOLFCU), on being named the NAFCU 2022 Credit Union of the Year in the asset category of less than $250M.
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 CU 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.