
Southern Security Honored as Outstanding Philanthropic Organization by the Association of Fundraising Professionals
MEMPHIS, Tenn., December 12, 2023 – The Association of Fundraising Professionals Memphis Chapter honored Southern Security as the 2023 Crystal Award recipient in the category of Outstanding Philanthropic Organization. The award, presented at the Crystal Awards ceremony on National Philanthropy Day, recognizes a philanthropic corporation, foundation, or organization whose grant programs, gifts, and charitable activities enrich the community. The Outstanding Philanthropic Organization awardee is seen as a role model of philanthropic activity serving many segments of the community.
“We are honored and humbled to accept the 2023 Crystal Award for Outstanding Philanthropic Organization from the Association of Fundraising Professionals. Our heartfelt appreciation and congratulations extend to our entire team and partners, who collaboratively contribute to making a positive impact to our community through various forms of support, including monetary contributions, volunteerism, in-kind assistance, and intellectual contributions,” said Dawn Graeter, Southern Security CEO.
Southern Security supported at least twenty-two organizations that serve underserved populations in the Memphis area in 2023. Southern Security has donated hundreds of thousands of dollars to nonprofits and community organizations over the past five years, countless volunteer hours, and an untold amount of financial knowledge, advice, and guidance to members and organizations of our community in an effort to make it a better place.
While Southern Security is humbled to contribute to the community through traditional philanthropy, the organization’s mission goes beyond charitable giving. It is centered on giving back, maintaining transparent and consistent communication about its financial products, and redistributing organizational financial profits to members through better rates, services, and financial education compared to other financial service providers.
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About Southern Security
Southern Security is a not-for-profit financial cooperative whose mission is to help its members by providing savings and lending options or simply providing convenience. The credit union was founded in 1948 to serve the Firestone Tire & Rubber Company in Memphis. In the 1980s, the name Southern Security Federal Credit Union was adopted, and it invited companies and organizations to join. Today, Southern Security has more than 23,000 individual members, $238 million in assets, and 500 partner businesses and organizations.
Southern Security offers better rates, lower fees, and superior service leading to Southern Security being awarded Best Credit Union two years and running. Federally insured by NCUA.
Please visit https://www.southernsecurity.org for more information.

