For its service to the underserved, ASI Federal Credit Union was recently honored with the Small Business Administration's Financial Services Champion of the Year award.

Mignhon Tourné, president/CEO of the $293 million ASI FCU in Harahan, La., received the honor, according to the credit union.

ASI said it was recognized for its commitment to serving the underserved, promoting economic empowerment and providing financial products and services to people with little or no credit. The credit union has 14 branches, including two dedicated to low-income Spanish-speaking members and low-income Vietnamese-speaking members. A community development financial institution, ASI serves 75,000 members.

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