Honor Credit Union’s Board Vice Chair, Mimi Elwell, has been named Board Member of the Year by Michigan Credit Union League (MCUL). This award celebrates a board member who has demonstrated outstanding service to their credit union over the last 12 months.
The 2023 MCUL and Michigan Credit Union Foundation (MCUF) Awards recognize credit unions,
professionals, and volunteers for outstanding efforts in individual and organizational leadership,
operational effectiveness, community service, and financial education. New this year is the introduction
of two award categories: Board Member of the Year and Team Member of the Year.
“The addition of two new categories also allows us to expand our recognition to professionals and
volunteers who don’t always get the spotlight but are nonetheless doing work that is integral to the
credit union mission. Thanks to all who submitted nominations this year. I can’t wait to celebrate all our
2023 winners at this year’s Annual Convention & Exposition,” said MCUL CEO Patty Corkery.
“There’s truly no one more deserving of this award than Mimi,” stated Scott McFarland, Honor’s CEO.
“Mimi is known for her kindness, dedication to excellence, and commitment to the members and team
at Honor. Mimi always goes the extra mile to make everyone feel valued. Honor is truly blessed to have
her as a volunteer in many capacities, including Board Chairperson and current Vice-Chair, just to name
a few.”
Mimi began her service to Honor Credit Union in 1980 as Supervisory Committee Chair before being
elected to the Board of Directors in 2009. She epitomizes the credit union’s philosophy of Putting People
First, ensuring Honor’s members are at the heart of every decision. Mimi oversaw Honor’s board as
chair during periods of significant growth and expansion into new markets, including an asset growth of
102%, a net income growth of 281%, and a membership growth of 55%.
Mimi has a bachelor’s degree from Nazareth College and a master’s degree from Western Michigan
University. She was a professor of mathematics at Lake Michigan College for over 30 years until her
retirement in 2010. In 2011 the Lake Michigan College Board of Trustees awarded her the status of
Professor Emeritus.
ABOUT HONOR CREDIT UNION
Honor Credit Union is a non-profit, full-service financial institution serving over 100,000 members in 28
member center communities throughout western and northern Michigan.
