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Community First Credit Union Named “Credit Union of the Year”

June 28th, 2021 · Leave a Comment

From left, Roger Rassman and John Hirabayashi

Community First Credit Union has been recognized as “Credit Union of the Year” for 2020 by the League of Southeastern Credit Unions and Affiliates (LSCU).

Community First was recognized as the top credit union in the largest category ($500 million in assets or more). This recognition is a first in the credit union’s 87-year history.

Institutions honored as Credit Union of the Year demonstrate the all-around best the industry has to offer. These credit unions have accomplished outstanding achievements in the areas of daily operations, financial prowess, and community outreach. The LSCU’s membership includes credit unions in Alabama, Florida and Georgia. Three credit unions are selected as “Credit Union of the Year” in each state in each asset category.

Community First was recognized for its outstanding financial performance and member-focused critical services during 2020, which was heavily impacted by the pandemic. Community First grew 20.1 percent in 2020. It grew assets by 18% and grew commercial lending by 50%. It was its fastest rate of growth since 2005.

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