In recognition of its generosity of time, money, energy and spirit in providing growth and development opportunities for young credit union professionals, the National Credit Union Foundation will honor The Cooperative Trust from the Filene Research Institute with the 2017 Herb Wegner Memorial Outstanding Program Award.
The Cooperative Trust’s award will be one of three Herb Wegner Memorial Awards presented at a special dinner hosted by the Foundation at the Marriott Marquis Washington Feb. 27 in conjunction with CUNA’s 2017 Governmental Affairs Conference (GAC). Registration for dinner tickets and sponsorships will be available within the next month on the Foundation website.
“I can say that as many of my peers prepare to exit the credit union movement, we have wondered who will follow these former leaders and ensure that Edward Filene and Roy Bergengren’s desire of credit union philosophy remains strong into the future,” said John Gregoire, chair of the Foundation’s Wegner Awards Selection Committee and president of The ProCon Group.
The Cooperative Trust’s most significant initiative is the Crash program, which provides scholarships for young credit union professionals to attend the industry’s biggest events. Nicknamed “Crashers,” recipients of the Crash scholarships take part in a specially designed curriculum of sessions and activities at these events and network with the more experienced professionals in attendance.
Currently, between 12 and 15 Crash events are held per year, with attendees from all 50 states participating in the program in each of the last three years. For Crash the GAC, The Cooperative Trust’s biggest event, more than 150 young professionals have been able to attend CUNA GAC each year since 2010.
Crash events are only one part of The Cooperative Trust’s professional development efforts; the organization also facilitates mentorship opportunities that connect young professionals to senior leaders. The Cooperative Trust leverages its extensive network of credit union veterans, who volunteer countless hours each year to share their wisdom and experience during special sessions and events for young adult members.