FirstLight Federal Credit Union Wins National Award June 12, 2015 FirstLight Federal Credit Union, an El Paso/Las Cruces-based consumer financial institution for sixty years, was recently recognized by the Defense Credit Union Council (DCUC) as the 2014 Army Credit Union of the Year. This is the second time FirstLight Federal Credit Union has won since 2006. At a ceremony during the 2015 annual DCUC conference August 16 in Las Vegas, Nevada, FirstLight will be given the award based on several criteria, including service above and beyond normal requirements, community support, and actions taken against predatory lending practices.
Karl Murphy, President and CEO of FirstLight Federal Credit Union, along with other credit union officials will be awarded the national-level award at a ceremony attended by Fort Bliss leadership and Roland A. Arteaga, President and CEO of DCUC in August at the DCUC Conference. "To be recognized as the national credit union of the year is a real honor, second only to that of serving our members," said Murphy. "I will accept this award on behalf of every employee at FirstLight, who gives the highest level of service and commitment to the community, and all of our members in and around El Paso, Texas, and Las Cruces, New Mexico."
In reviewing nominations for the Army Bank and Credit Union of the Year award, the DCUC considers many aspects of the financial institution's operation. These criteria include: service exceeding normal requirements; financial education and contributions made to financial counseling programs; products, services or programs developed to combat predatory lending practices; community support; special services provided by command request; and an ability to demonstrate a professional attitude and financial leadership.
FirstLight Federal Credit Union met all these requirements, and exceeded them in many ways. With an involvement in literally hundreds of El Paso County and Dona Ana County events, programs, charities, and outreach efforts, FirstLight is an important part of the community, and provides invaluable assistance to many area groups, including unique services for the soldiers of Fort Bliss. FirstLight's history in the area goes all the way back to 1955, when it was originally known as Frontier Federal Credit Union. Over the years, there have been many changes throughout the area, including the institutional growth of the credit union. As of summer 2014, FirstLight has total assets of $884,281,473 million, with 106,591 members. FirstLight continues to meet the needs of the community by offering ever-more services in the most convenient ways possible.