INDIANAPOLIS (2/11/14)--Nine Indiana credit union representatives have been selected to be part of ignite, an initiative of the Indiana Credit Union League focused on developing innovations to help credit unions better the financial lives of their members.
The initiative is a joint venture between the Indiana Credit Union League and the ignite leadership team--comprised of two Indiana credit union representatives who are alumni of the Filene Research Institute's i3 group.
"This is the seventh group of igniters to enter the program," said league Vice Chairman Doug True, CEO of $939 million-asset FORUM CU, Fishers, Ind. True is one of two members of the ignite leadership team. "The track record of leadership development, collaboration and networking that ignite has fostered has been tremendous," he said.
"The ignite experience prepares these team members to make high-level contributions at their credit unions," said Bob Falk, CEO of $786 million-asset Purdue FCU, West Lafayette, Ind. "Some have even used their experience with ignite to contribute to projects that have a national scope."
"Under the direction of our leadership team, the ignite initiative has thrived in Indiana," said league President John McKenzie. "The credit union support has been tremendous, as many have shared very talented and innovative employees."
At the group's first meeting of the year, held Jan. 31, igniters began to develop their 2014 innovations in small working groups.
So far, 26 innovations have been developed by past ignite participants. Several ignite innovations have been adopted by credit unions in Indiana and elsewhere. To develop and promote them, members of the working groups attend meetings coordinated by the league and make presentations during the league's annual convention and at state chapter meetings.
New igniters, who will each serve a two-year term, include:
Continuing igniters, who have one year remaining on their two-year terms, include: