Advancial Wins 2021 FEM Americas EMMA Award for Banking, Tax & Financial Services Innovation of the Year
DALLAS (June 10, 2021) — Advancial Federal Credit Union was named the winner of the 2021 Banking, Tax & Financial Services Innovation of the Year award at the Forum for Expatriate Management (FEM) Americas Expatriate Management and Mobility Awards (EMMAs) on Thursday, June 10, 2021 during an online ceremony.
“The FEM EMMAs remain the gold standard awards for the global mobility and international HR industry. They are the only truly global, yet region-specific awards with the greatest breadth of categories for both corporate professionals and service providers” said Claire Tennant-Scull, Global Director of Content & Events at FEM.
This is the second win in a row for Advancial, after winning for the first time in 2019. The awards were cancelled in 2020 due to the COVID-19 pandemic. Advancial’s Inbound USA program serves international assignees who are relocating to the United States for employment. These individuals often have difficulty obtaining financial services since the credit history they have in their home country doesn’t carry over to the credit system in the United States. Advancial recognized this distinct group and has worked to create a program to help these individuals obtain the financial tools they need.
“Our Inbound USA program has grown so much since we set out to help this underserved market,” said Jennifer Bell, Business Development Manager at Advancial. “It’s been a challenging process and we’ve encountered some unique obstacles, but our talented team has tackled each one to create a rich and unique suite of offerings for expats. We’re thrilled that our efforts have been honored again!”
“Advancial has tapped into a much needed market to provide financial services to individuals inbound to the US without credit. Their creative approach to supporting one of the biggest barriers in mobility, while ensuring they limit their organizations risk is top notch,” said the judges, commenting on Advancial’s entry for the 2021 competition.
“I have been so impressed to see the quality of work undertaken by individuals, teams and organizations in the midst of so many challenging circumstances,” continued Tennant-Scull. “It is a demonstration of how resourceful and resilient the people who work in this industry can be, and I think everyone who took part should feel very proud of what they have achieved.”
With a history dating back to 1937, Advancial provides a diversified line of advanced financial solutions to its members. Today, Advancial is a full-service financial institution that serves more than 100,000 members worldwide and has assets of approximately $2 billion. For more information, please visit the Advancial website at www.advancial.org.
The Forum for Expatriate Management (FEM) is a real-world and online community for the global mobility and HR industry. Our mission is to distil best practice across regions, industries and functions while providing valuable networking opportunities for knowledge sharing and program support. Through our multi-platform of content and events we encourage dialogue and enable mobility professionals to unite, learn and grow. FEM holds annual Summits and EMMAs awards ceremonies in the Americas, APAC (Asia Pacific region) and EMEA (Europe, the Middle East and Africa) as well as Conferences in Amsterdam and Australia. FEM also has a worldwide network of Chapters.
For more information, visit the FEM website: https://www.forum-expat-management.com/