For Immediate Release
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August 21, 2012
Local Contact: Jordan Masi
Arizona State Credit Union
Telephone (602) 467-4133

Arizona State Credit Union Receives National Recognition for Associate Benefits

Credit Union named one of The Principal 10 Best Companies for Employee Financial Security

PHOENIX, Ariz. -Arizona State Credit Union's unwavering commitment to associates' long-term financial well-being has earned the local financial cooperative national acclaim.

An independent judging panel of employee benefits experts named Arizona State Credit Union one of the 2012 winners of The Principal® 10 Best Companies for Employee Financial Security.

Judges selected the credit union because of their commitment to associates as demonstrated by their focus on employee benefits, including wellness and retirement programs, which are designed to improve both physical health and financial security.

"Arizona State Credit Union and other Principal 10 Best winners continue to set the standard for improving employee financial security; they realize the investment in their employees constitutes an investment in their own future well-being," said Luke Vandermillen, vice president at the Principal Financial Group®. "Winning companies offer a number of ways to impact the long-term physical and financial health of their employees and understand the direct connection between well-rounded benefits, a healthier workplace and a better bottom line."

The Principal Financial Group sponsors the 11-year-old national program, which honors growing companies (five to 1,000 employees) for their commitment to their employees' financial security.

"We are proud to be recognized among the other Principal 10 Best Companies winners for our efforts in providing associates with fair benefits," said David E. Doss, President/CEO of Arizona State Credit Union. "By ensuring associates' satisfaction while at work, they, in turn, provide outstanding member service to those in the Arizona communities the cooperative serves."

The Principal Group awards each winning company with a donation to a charity of their choice. On behalf of Arizona State Credit Union, the Principal Group will donate $2,500 to the Arizona State Employees Charitable Campaign, a state-run organization that supports state employees and more than 600 charities.

For a complete list of locations, products and services, please visit

About the Principal Financial Group
The Principal Financial Group (The Principal®)1 is a global investment management leader including retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Founded in 1879 and a member of the FORTUNE 500®, the Principal Financial Group has $367.1 billion in assets under management2 and serves some 18.2 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit

About Arizona State Credit Union
Arizona State Credit Union is a $1.3 billion full-service, not-for-profit financial cooperative with a statewide branch network serving the people of Arizona. More than 125,000 Arizonans turn to Arizona State Credit Union for outstanding service and value. Arizona State Credit Union has grown dramatically since its founding in 1951, providing a full line of financial products and services at 21 locations across the state. More than 60 years of excellence and outstanding customer service have helped the Credit Union become a six-time winner of Arizona Business Magazine's Ranking Arizona and a five-time recipient of the Peter Barron Stark & Associates Award for Workplace ExcellenceTM. Arizona State Credit Union is headquartered in Phoenix and welcomes membership from businesses and individuals throughout the state. Reach us at 800.671.1098 or visit us at



1 "The Principal Financial Group" and "The Principal" are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.

2As of June 30, 2012.

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2355 W. Pinnacle Peak Rd.
Phoenix, AZ 85027