Royal Credit Union Receives Credit Union Journal 2016 Best Practices Award

Jan 04 2017 | Written By Jennifer McHugh, Director of Public Affairs and Financial Education

Royal Credit Union (Royal) recently received a 2016 Best Practices Award from the Credit Union Journal. Royal received the award for its project management initiative. Fourteen credit unions received the award for a variety of achievements including improving efficiency, cutting costs, and enhancing member service.

“Our annual awards program is designed not to offer accolades to individuals but to recognize an innovative practice, policy, product or procedure that has been in place long enough to be able to point to concrete, measurable, real-world results, not pie-in-the-sky projections,” said Lisa Freeman, editor in chief at Credit Union Journal.

Royal’s project management initiative is run by a committee charged with providing a practical framework and prioritization of projects. The initiative has helped manage Royal’s resources and provides better communication for key stakeholders.

“We are very honored to receive this award from Credit Union Journal,” said Amy Bauer, vice president of shared project services at Royal. “The projects completed using our framework has provided for better, expanded service for our members and support the purpose of our values-based credit union.”

Credit Union Journal published stories in its December edition and created an online slideshow featuring the 14 winners.

 

About Royal Credit Union

Royal Credit Union is a federally insured credit union serving over 160,000 Members with 25 full service offices. Royal is driven by a core ideology which is built on strong purpose and values. You can open an account or apply for a low-rate loan at Royal Credit Union if you live or work in 18 counties in Western Wisconsin or 12 counties in Minnesota. Counties served in Wisconsin include Eau Claire, Chippewa, Barron, Buffalo, Burnett, Clark, Dunn, Jackson, Marathon, Pierce, Pepin, Polk, Rusk, St. Croix, Taylor, Trempealeau, Washburn, and Wood.  Counties served in Minnesota include Anoka, Carver, Chisago, Dakota, Goodhue, Hennepin, Olmsted, Ramsey, Scott, Wabasha, Washington, and Winona. Realtors in the state of Wisconsin or Minnesota are also eligible to join the credit union. Visit rcu.org or call Royal Credit Union at 1-800-341-9911 for more information.