Awards recognize financial institutions that are elevating the banking industry by making an impact with their customers and their communities through digital transformation
Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the winners of its Purposeful Banker Awards. The Purposeful Banker Award program recognizes banks and credit unions that are building strong and diverse communities by transforming the banking industry with purpose.
The Purposeful Banker Award winners were announced at the BankOnPurpose Conference in Austin, TX, an invitation-only event for bank and credit union leaders.
“It’s so important to acknowledge and celebrate the banks and credit unions that are fulfilling their mission and have worked diligently to make a difference within their communities,” said Dallas Wells, senior vice president of Product Management, Q2. “This year’s winners have made a significant impact for their customers, organizations and communities. They exemplify thoughtful and purposeful leadership that is elevating the banking industry.”
This year’s award categories include the following: Most Innovative Financial Institution – Consumer, Most Innovative Financial Institution – Commercial, Banker of the Year, and Most Philanthropic Bank of the Year.
Most Innovative Financial Institution (Consumer)
This year’s winner of the Most Innovative Financial Institution in the Consumer category is 4Front Credit Union, headquartered in Traverse City, Michigan.
4Front Credit Union partnered with Plinqit to help members save money and establish better savings habits. Since implementing this financial education program and deploying it to their members, they’ve helped members save around $1,080,000.
Most Innovative Financial Institution (Commercial)
The Most Innovative Financial Institution award within the Commercial category is awarded to Scotiabank, headquartered in Toronto, Canada.
Scotiabank is fully digitizing their end-to-end commercial banking process to deliver a better experience for their clients. Because of this work they continue to reduce deal turnaround time and simplify the experience for existing and prospective clients. As a result of their investment into people, process and technology, Scotiabank has seen strong growth across its commercial banking portfolio.
Banker of the Year
This year’s Banker of the Year award has been presented to James Harrod, vice president, Relationship Manager at Texas Security Bank, a bank built by entrepreneurs for entrepreneurs in the DFW Metroplex.
Harrod represents the bank’s mission of Elevating the Champions of Free Enterprise by establishing himself as a trusted resource to his clients, thus winning multiple deals and adding incremental value to his relationships.
Most Philanthropic Bank of the Year
The winner of the Most Philanthropic Bank of the Year is Sunrise Banks, headquartered in St. Paul, Minnesota.
Sunrise Banks saw a need within their community and created the Pathway2Home ITIN mortgage, which helps immigrants secure homeownership using their ITIN. Forty-eight percent of all of their mortgages in 2021 were Pathway2Home mortgages.
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