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Arizona State Credit Union – 2012 Winner, The Principal® 10 Best

“Benefits are becoming increasingly important to households and families. We believe that having a competitive, highly valued benefit package supports our efforts to attract and retain high quality employees. And when we can attract and retain the best employees, we’re better able to serve our members,” says Dave Doss, president and CEO, Arizona State Credit Union.

Winning-edge benefits

  • 86 - 100 percent employer-paid medical insurance premiums for employees
  • 77 – 96 percent employer-paid medical insurance premiums for dependents
  • 401(k) plan with a 50 percent employer match up to five percent of pay; average employee deferral of 5.6 percent
  • Defined benefit pension plan
  • 457(b) and 457(f) plans
  • 100 percent employer-paid premiums for short- and long-term disability insurance
  • 100 percent employer-paid premiums for life insurance
  • Extensive wellness program with biometric screenings

Financial professionals

Arizona State Credit Union relies on these financial professionals:

  • Mike Cody, Lovitt & Touché, Inc. 
  • Kristine Erickson, Lovitt & Touché, Inc.

Charitable donation

Arizona State Credit Union selected Valley of the Sun United Way to receive a $2,500 donation from The Principal Financial Group Foundation, Inc. as part of their Principal 10 Best award.

Valley of the Sun United Way received a $2,500 contribution on behalf of Arizona State Credit Union. From left: Mike Gillespie (Principal Financial Group), Michael Emanuelli (AZSTCU), Laura Lever (Principal Financial Group), Khala Walker, Executive Director State Employees Charitable Campaign, Brooks Lau, Brian Jackson, Patricia Duarte (all of the Principal Financial Group), and Dave Doss (AZSTCU).

Recognition event

Arizona State Credit Union celebrates being named one of The Principal 10 Best Companies—2012.
See more photos (PDF: 1 MB).

Brooks Lau (center), Vice President, Principal Financial Group, presents The Principal 10 Best Company award to Michael Emanuelli, EVP Administration, and Dave Doss, CEO / President, both of AZSTCU.

Arizona State Credit Union logo

Fast facts

  • Location: Phoenix, Ariz.
  • Type of business: Credit union
  • Number of employees: 414
  • Founded: 1951
  • Percent of employees participating in 401(k) plan: 92 percent
  • Web site: www.azstcu.org

Why the judges selected them


John C. Robak, Principal 10 Best Judge and Chief Operating Officer, Greeley and Hansen (transcript):

About the company

Arizona State Credit Union is a local financial cooperative committed to meeting members' needs. With $1.3 billion in assets and more than 125,000 members, the credit union supports Arizona communities with a full line of financial products and services available online and at 21 statewide locations.


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