DUBUQUE, Iowa—The Lombard, Ill.-based Raddon Financial Group (RFG) presented the Crystal Performance Award to Dupaco. The award was designed to recognize credit unions for achieving a top-10 ranking based on the RFG Performance Index™, a balanced scorecard measurement of growth, income, efficiency and margin management. Bill Handel, vice president of research and product development with RFG, said more than 500 credit unions were evaluated for the Crystal Performance Award through RFG's CEO Strategies Group program. "Given everything that has happened in the industry over the past year, we are pleased to have the opportunity to share good news and recognize Dupaco Community Credit Union as a high-performing credit union," said Handel. "Despite challenging economic conditions, Dupaco was able to effectively apply its strategies to perform at the highest levels. It maintains strong member relationships with higher than-average deposit and loan balances per household—yet they do this while maintaining excellent expense control with an average efficiency ratio of about 65%, well below the 75 to 80% we see for most credit unions." "The result of this excellent performance is member value," said Handel. "By our calculations, Dupaco gives each member household an additional $67 every year in interest income on deposits or interest savings on loans, attributable to the strong management practices it has instituted." "Dupaco's management team, Board, employees and members should be very pleased with this recognition," he added. Full Article Read the rest of Dupaco's 2009 Annual Report articles: There's No Story Without You: From the President & CEO, Robert W. Hoefer Member Reponse is Test of Success: From the Chair of the Board, Denise Dolan Members Take a Shine to Online Banking Money Makeover Popularity Explodes in 2009 Clean Bills of Health on Audit Findings Member Response is Test of Success: From the Chair of the Board, Denise Dolan Statements of Financial Condition Savers Entrust Dupaco in Record Numbers Dupaco Financial Services Team Helps Members Navigate a Tough Economic Year Dupaco Doesn't Take Credit For Granted Record Home Loans Booked in 2009 Dupaco Makes More Car Loans on Showroom Floor Partnership Helps Businesses Weather Economy Employment Enhanced with No-Cost Benefits Package Member Protection: Forever Heightening Security Measures Members Saved More than $300,000 on Insurance Access Dupaco at 3,900 Branches Across the US Community is Our Middle Name Loyalty Counts in Prime Time Club