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Arizona State Credit Union Chosen as Better Business Bureau's 2009 Ethics Award Finalist.


PHOENIX -- For the second consecutive year, Arizona Arizona (âr'əzō`nə), state in the southwestern United States. It is bordered by Utah (N), New Mexico (E), Mexico (S), and, across the Colorado R., Nevada and California (W).  State Credit Union is a proud finalist of the 2009 Better Business Bureau (BBB BBB

A medium grade assigned to a debt obligation by a rating agency to indicate an adequate ability to pay interest and repay principal. However, adverse developments are more likely to impair this ability than would be the case for bonds rated A and above.
) Business Ethics business ethics, the study and evaluation of decision making by businesses according to moral concepts and judgments. Ethical questions range from practical, narrowly defined issues, such as a company's obligation to be honest with its customers, to broader social  Award, sponsored by the BBB of Central, Northern, and Western Arizona. This award consists of an annual program to gain public awareness and recognition for businesses that maintain a solid commitment to conducting their business practices in an ethical manner.

Arizona State Credit Union, the only financial institution to be recognized, was selected as one of three finalists in the business category with more than 150 employees. With more than 350 submissions received by the BBB, the Credit Union was a highly viable candidate for this recognition because it is defined, operated and guided by positive ethical principles.

"Because the fundamental definition of the organization is based on cooperation and service, every act of Arizona State Credit Union is guided by these positive principles," said David E. Doss, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Arizona State Credit Union. "We are honored hon·or  
n.
1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate.

2.
a. Good name; reputation.

b.
 to receive this award which recognizes the efforts of all of our associates and the Credit Union's continued focus on conducting business honestly and ethically."

The BBB Business Ethics Awards were established for the purpose of recognizing firms whose business practices and related activities reflect the mission and principles of the Better Business Bureau. The BBB continues to work toward a fair and honorable marketplace by shining a spotlight Spotlight can refer to at least three types of lighting:
  • a searchlight;
  • stage lighting used in theatre to focus an audience's attention on a performer or event, known as a Followspot;
 on companies that maintain ethical business practices. Companies of different sizes are selected by an independent panel of volunteer community leaders based on criteria established by the Council of Better Business Bureau International Torch Award.

About Arizona State Credit Union

Arizona State Credit Union is a $1.3 billion full service not-for-profit Not-for-profit

An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses.
 financial cooperative with a statewide branch network serving the people of Arizona. More than 133,000 Arizonans turn to Arizona State Credit Union for outstanding service and value. Arizona State Credit Union has grown dramatically since its founding in 1951, providing a full line of financial products and services at 21 branches across the state. Nearly 60 years of excellence and outstanding customer service has helped the Credit Union become a three-time winner of Arizona Business Magazine's Ranking Arizona, and a three-time recipient of the Peter Barron Peter Barron is the editor of Newsnight, a British daily news analysis, current affairs and politics programme broadcast between 22.30 and 23.20 on weekdays on BBC Two.  Stark & Associates Award for Workplace Excellence[TM]. Arizona State Credit Union is headquartered in Phoenix and welcomes membership from businesses and individuals throughout the state. Reach us at 800.671.1098 or visit us at www.azstcu.org.
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Publication:Business Wire
Date:May 13, 2009
Words:408
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