Utah credit union regulator Orla Beth Peck has become chairmanof NASCUS and Community First Credit Union President/CEO CathieTierney became chairman of the group's Credit Union AdvisoryCouncil.
|The two-year terms for Peck and Tierney started during thegroup's annual meeting, which began Wednesday in Chicago.
|Peck has worked for the Utah Department of FinancialInstitutions since 1981 and been the top credit union regulatorsince 1992.
|Tierney has worked for Community First CU in Appleton, Wis.,since 1976 and been its president/CEO since 1994. The $1.5 billioncredit union has 88,000 members. She received national attentionfor leading the fight and for her law firm's successful lawsuit against the IRS that affirmed that severalfinancial products it sold weren't subject to the Unrelated Business Income Tax.
|At the meeting, NASCUS also awarded the Pierre Jay Award forlifetime achievement to former NASCUS Chairman Roger Little, the recently retired Michigan credit unionregulator.
|The award is named after Pierre Jay, the first bankingcommissioner of Massachusetts (1906-1909) who, together with EdwardFilene helped establish the credit union movement.
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