Your Neighbourhood Credit Union receives 2021 Outstanding Corporate Achievement Award

Oakville, Ontario – May 17, 2021 – The Ontario Credit Union Foundation announces Your Neighbourhood Credit Union was selected as the 2021 Outstanding Corporate Achievement Award winner. The award is present annually to a member credit union in recognition of their contribution to the community.

This award recognizes community impact, which can take many forms. The review process involves assessing the submission in five key areas: Description of Community Investment, Community Impact, Recognition Received, Submission Presentation, and Power of ‘the story’.

At the OCUF Annual General Meeting held last week, then Board Chair Dan Coldwell stated, “Adjudicating the Outstanding Corporate Achievement Award was more difficult this year. With COVID, so many credit unions in Ontario stepped up to help the communities they serve. The many submissions we received were shining examples of how credit unions looked after their staff, their members and the many in the community who struggled during the pandemic. One submission stood out above the rest. Your Neighbourhood Credit Union outdid themselves in the eyes of our panelists. A significant investment was made to help small businesses stay afloat during these very challenging times. The idea of establishing websites by geographic area focused on promoting small businesses, many of whom had never considered online retailing, was not only creative, but it was also brilliant. It was a lifeline. The fact this is a sustainable project is a bonus. Well done YNCU! You have made us all proud.”

YNCU provided a video (click on photo to view) which outlined the community program which provided free website access for local business to create an online presence. The pandemic forced many businesses to move to an online format for the first time.

“Your Neighbourhood Credit Union is honoured to receive this award. We are inspired by the community initiatives led by so many credit unions in the system. And we are thankful to have such a dedicated team of employees that want to work with our members to help our communities thrive” added Archie Bonifacio, Chief Member Experience Officer, YNCU.

Congratulations Your Neighbourhood Credit Union.

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Clayton Shold, Executive Director, OCUF | toll-free: 1.844.241.0283

Over the past 42 years the Ontario Credit Union Foundation (OCUF) has supported credit unions and co-operatives with their philanthropic giving in communities across Ontario. The Foundation is like private and local community foundations in that it administers funds created by donors for specific charitable purposes. In addition to the thirty plus funds OCUF manages, their main charitable activity is the support of youth education and leadership.