Credit union supporters are encouraged to nominate individuals and organizations for the Herb Wegner Memorial Awards, presented by the National Credit Union Foundation (NCUF).
Winners will be honored at NCUF’s annual awards dinner on Feb. 24, 2014, in conjunction with CUNA’s Governmental Affairs Conference in Washington, D.C.
Nominations are due by Friday, June 28, 2013, for these awards:
> The Individual Achievement Award honors an unsung hero for his or her innovative concepts and/or accomplishments that are ongoing, and current contributions to the credit union community for his or her work within the past three to five years.
Accomplishments must have had a significant impact or a potential impact on the local, national, or international credit union movements—with measured results. Nominations must cite a specific subject of achievement such as financial literacy, service to the underserved, alternatives to predatory lending, and/or new products.
> The Outstanding Organization/ Program Award honors an organization, program, or business for its innovative concepts and/ or product/services that have had a significant impact on the local, national, or international credit union movements— with measured results.
> The Lifetime Achievement Award honors an individual dedicated to promoting the credit union philosophy, creating innovative concepts, and providing leadership that has had a significant and lasting impact on the local, national, or international credit union movements.
For more information, visit ncuf.coop. Direct specific questions about the Wegner Awards to NCUF’s Josie Collins at firstname.lastname@example.org or at 800-356-9655, ext. 4374.
Consumer Financial Protection Bureau Director Richard Cordray will step down from the agency by the end of the month after serving since 2013. CUNA President/CEO Jim Nussle said CUNA looks forward to a new era at the bureau, one that takes credit unions’ structure and purpose into account during rulemakings.
Credit unions now have less than six months to come into compliance with FinCEN's Customer Due Diligence rule, effective May 11, 2018, which includes provisions on identifying the beneficial owners of legal entity accounts.