• Gary Oakland, retired president/ CEO, BECU, Lifetime Achievement award. Oakland served on the CUNA board and as board chair for the Washington Credit Union League and many other organizations;
• Jim McCormack, president/CEO, Pennsylvania Credit Union Association (PCUA), Lifetime Achievement award. McCormack began his credit union career in 1971. Before joining PCUA in 1981, he held positions with CUNA Mutual Group;
• Tim Haegelin, retired president/ CEO, Generations Federal Credit Union, Lifetime Achievement award. He joined the credit union in 1980 as associate manager, and became president/CEO in 1984. He previously served as president/CEO of Central Texas Catholic Credit Union; and
• Sarah Canepa Bang, president/ chief operating officer (COO), CO-OP Shared Branching–FSCC LLC and chief strategy officer, COOP Shared Branching, Individual Achievement award. She has worked at CUNA, the Oregon Credit Union League, and the Massachusetts Credit Union League.
She returned to the Oregon League, and served as COO of CU Access, an ATM and shared branching network, and Automated Item Management, a check processing operation.
Look for profiles of these winners in Credit Union Magazine in the coming months.
The awards are named for Herb Wegner, the late CUNA CEO. An awards dinner will be held Feb. 24 in Washington, D.C., in conjunction with CUNA’s Governmental Affairs Conference.
CUNA’s final rule analysis of the CFPB changes to the TRID rule is now available. The rule, published in the Federal Register this week is effective Oct. 10, with a mandatory compliance date of Oct. 1, 2018.
While proposed changes to the CFPB prepaid accounts rule provide some clarity, it will not be helpful for most prepaid card users and CUNA remains opposed to the rule’s application of Regulation Z to certain prepaid cards.