Senate Resolution No. by Senator Price designates June 5, 2024, as Ascension Credit Union Day, encouraging community participation in the credit union's mission, "Your Community .... Your Credit Union." The resolution highlights the credit union's history, beginning with its formation in 1974 by twenty-five individuals to support school employees, and its growth into a significant financial institution serving over ten thousand members in Ascension Parish. It notes key milestones, including the opening of new branches, achieving Community Development Financial Institution (CDFI) Certification, and surpassing one hundred million dollars in total assets.
The resolution also recognizes the credit union's commitment to providing essential banking services and contributing to the local economy, as well as its accolades, including the "Best of Ascension" awards for seven consecutive years. By designating a specific day to honor the credit union, the resolution aims to reaffirm the importance of financial education and encourage effective financial decision-making within the community. A copy of the resolution will be sent to the Ascension Credit Union Board of Directors.