Bayport Cu: #1 In Va For Service & Digital Branch Launch

By Author: Ben Gross
Total Articles: 460
Comment this article

For the fourth consecutive year, BayPort Credit Union has achieved recognition in all four award categories of the 2023 Social Responsibility and Member Service Awards, a prestigious accolade sponsored by the Virginia Credit Union League (VACUL) and the Credit Union National Association (CUNA). Their achievements include the launch of a comprehensive digital branch and enhanced virtual banking experience, the establishment of a $500,000 Accelerating Change Together grant, provision of free virtual and in-person adult financial education outreach, and the implementation of youth financial literacy programs through Student-Run Credit Unions.

BayPort secured first place in the Louise Herring Award category for introducing a groundbreaking digital branch that delivers one-on-one member service in a virtual format, accommodating members' banking preferences. They also earned second place in the Dora Maxwell Award category for the ACT Grant, a transformative $500,000 grant aimed at fostering education and workforce development in Hampton Roads. Additionally, BayPort received second place in the Desjardins Youth Financial Education ...
... Award category for their "Bite of Reality" simulation app, which aids middle and high school students in understanding real-world budgeting and financial decision-making. In the Desjardins Adult Financial Education Award category, BayPort earned third place for its strategic initiatives promoting financial education among members and the community.

BayPort Credit Union's outstanding commitment to social responsibility and member service positions them as a leading financial institution in Virginia, with eligibility for national recognition, which CUNA will announce later this year. Established in 1928, BayPort Credit Union now manages $2.2 billion in assets and serves nearly 148,000 individuals and businesses through 27 branch locations across the Virginia Peninsula and Southside communities.

More Information : https://www.techdogs.com/tech-news/pr-newswire/bridge-learning-tech-launches-next-generation-consumer-duty-content-suite-featuring-ai-vr-and-interactive-videos-for-the-automotive-and-financial-services-industries