This week’s NASCUS State System Summit, which wraps up Friday in Coeur D'Alene, Idaho, has stirred up a lot of activity, discussion and recognition for industry leaders.
To help kick off the Summit, a former state regulator, credit union executive and longtime NASCUS leader was honored for his outstanding service, leadership and commitment to NASCUS and the dual chartering system.
Created in 1997, the award is named after the first commissioner of banks in Massachusetts. Cann is the first Pierre Jay winner who has been both a state regulator and a credit union executive, NASCUS said.
“When we created the Pierre Jay Award, it was meant for honorees like Parker who have made countless contributions to NASCUS and to the state credit union system," said NASCUS President/CEO Mary Martha Fortney.
"Parker continues to set such a high standard for excellence and was truly passionate about states' rights and the important work to preserve the safety and soundness of the state credit union system,” Fortney continued.
“We are grateful that we can recognize him for his dedication to credit union innovation, regulatory professionalism and his commitment to making the state system better and stronger throughout his career,” she said.
Dozens of other credit union leaders, state and federal regulators and dual chartering supporters converged for the annual Summit, the trade group said.
The general session closed with a panel titled "Working Together on System Priorities: The Credit Union Leadership Forum,” which included Fortney along with NAFCU President/CEO Dan Berger and CUNA President/CEO Bill Cheney, and was moderated by Defense Credit Union Council President/CEO Arty Arteaga.
Panelists discussed their organization's priorities, including maintaining credit union tax exemption and keeping the state charter strong.
Friday’s schedule includes a session on director compensation, one on cyber crimes and another on emerging IT trends.