SAN ANTONIO, Aug. 27, 2014 /PRNewswire/ -- Last evening, the United States Air Force (USAF) awarded GOBankingRates' San Antonio-based client Air Force Federal Credit Union the distinction of 2013 Credit Union of the Year in the "less than $1 billion in assets" category at the Defense Credit Union Council Annual Conference in Dallas. Established in 1992, the annual USAF award recognizes credit unions that provide the Air Force community superior customer service, high-quality financial products and catered support.
"Outstanding personal financial management education, tailored financial products, and exemplary community support," helped Air Force FCU outshine its competitors, according to Assistant Secretary of the Air Force Jamie M. Morin.
Air Force FCU has served numerous San Antonio residents, especially by offering one-on-one support during the 2013 government shutdown, bridging loans at low interest rates and deferring loan payments. Furthermore, Air Force FCU has offered financial management classes to more than 4,000 military personnel as well as Wounded Warrior Project TRACK students, and helped preserve the USAF's historical contributions through its partnership with the Airman Heritage Foundation.
Other Air Force FCU milestones in 2013 included:
- Loan growth of 19 percent
- Membership increase of 6.5 percent
- Lowest auto loan rate offered in San Antonio area
"We're incredibly proud to work with Air Force FCU, an institution that exemplifies the many positive qualities of credit unions everywhere through unparalleled commitment to its members, its community and the armed services," said Jeff Bartlett, president of GOBankingRates, a ConsumerTrack company.
Air Force FCU previously received this honor in 1996 and was also named as a Top Military Financial Institution in 2013 and 2014 by GOBankingRates.
"From the board of directors to the executive management to the staff, our organization is dedicated to serve the member and it reflects in the products and service we provide. We are honored and humbled to receive this award," said Robert Glenn, president and CEO of Air Force FCU.
About Air Force Federal Credit Union
As a not-for-profit financial cooperative, Air Force Federal Credit Union has been entirely member-owned since the creation of its charter in 1952. Air Force FCU currently has nearly 40,000 members worldwide, as well as $368 million in assets. For more information, visit www.airforcefcu.com.
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