For Immediate Release
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May 20, 2008
Local Contact: Paul B. Stull
Arizona State Credit Union
Telephone (602) 467-4062

Arizona State Credit Union Three Time Winner of Workplace Excellence

Phoenix, Ariz. - For the third time, Arizona State Credit Union has received the Peter Barron Stark (PBS) & Associates Award for Workplace Excellence. To receive this award, an organization must exceed an overall favorable response rating of more than 80% from its associates and the organization also must improve its corporate culture by at least 8% from the previous year's survey.

In addition to the Workplace Excellence Award, Arizona State Credit Union was named one of the "Best-of-the-Best" - a designation that goes to the top 25% of the national winners. Arizona State Credit Union's average score was 13% higher than the PBS "Overall Benchmark" and 5% higher than the "Best of the Best" PBS Benchmark.

"Arizona State Credit Union truly is an exciting place to work," said David E. Doss, President/CEO of Arizona State Credit Union. "Our collaborative culture improves productivity and creates lasting relationships not only for our Associates, but also for our Members."

Over the past several years, the creation of an associate based culture has been one of the Credit Union's key strategic directions. In addition to a competitive benefits package, the Credit Union created a wellness initiative with an ongoing effort to raise the level of on-the-job satisfaction.

About Arizona State Credit Union
Arizona State Credit Union is a $1.2 billion full service not-for profit financial cooperative with a statewide branch network serving the people of Arizona. More than 130,000 Arizonans turn to Arizona State Credit Union for outstanding service and value. Founded in 1951, the Credit Union has grown dramatically and provides a full line of financial products at 23 offices across the state. Arizona State Credit Union is proud to be locally owned and operated and welcomes membership from both business and individual members.



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Phoenix, AZ 85027