2010 Hillman Award goes to Sperry FCU

Related Media

Sperry’s Director of Business Services and Corporate Development, Andrew Kernan, with the 2010 Hillman Award presented by UsNet.

ALBANY, NY (07/13/2010)(readMedia)-- Sperry Associates Federal Credit Union was recently selected to receive the 2010 Ralph W. Hillman Marketing Award from Universal Sharing Network, Inc. (UsNet).

The award recognizes a participating UsNet credit union for exemplifying the spirit and enthusiasm consistently exhibited by the late Hillman in his support and marketing of the shared branching network.

Hillman served on the board of UsNet for five years and was chairman for nearly two years (2001-2003) before his death. During his board tenure, he tirelessly dedicated himself to promoting and strengthening the network. It was and is that continued dedication and commitment that makes the network successful for credit unions and members alike.

"While we received several outstanding applications this year, Sperry Associates Federal Credit Union definitely stood out," said Marc Inger, chief operating officer for UsNet. "Sperry Associates consistently promoted the network to its members throughout the year via multiple marketing tools and strategies, all of which emphasized the convenience and accessibility of shared branching. Collectively, their marketing efforts have resulted in a 10 percent increase in transaction volume, which is substantial."

According to Andrew Kernan, "We strive to promote this service to our members because we recognize the fact that it gives our members the convenience they need to perform their banking whether they're travelling locally on Long Island or throughout the country. Sperry was only doing what comes naturally-providing value to our members."

Sperry Associates Federal Credit Union was chartered in 1936 and has grown to serve more than 19,000 members. The credit union has been recognized for providing value to its members with a 12th place ranking in their asset class among credit unions nationwide and the highest ranking among all New York-based credit unions.* Long Islanders also acknowledged Sperry by voting them a "Best of LI Financial Institution" for the past three years. For more information about Sperry, please visit www.sperryfcu.org.

UsNet, a CUSO (Credit Union Service Organization) owned by New York credit unions, has provided credit unions with a gateway to the national shared branching network since 1993. They are partnered with the largest network provider, CO-OP Shared Branching, which offers participating credit unions and their members' access to more than 4,000 CU Service Centers both nationally and internationally. For more information about UsNet, visit www.universalsharing.com.

-30-

* Callahan & Associates Return of Member Report as of 3/31/10; Asset Class $250-$500 million.