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Credit UnionTimes

MARCH 25, 2015 | VOL. 26 | NO. 10 | CUTIMES.COM

LEADERSHIP

ore than 200 guests gathered at the Renaissance Washington during the GAC for CU Times’ 10th Annual Trailblazer Awardsreception to mingle, make valuable connections, and most importantly recognize the shining stars of the credit union industry.This year, CU Times honored five executives, one volunteer and two credit unions for their outstanding service and leadership. n

Tenth Annual Trailblazer A wards CelebratesCredit Union Superstars

Bethpage FCU CEO Wayne Grossé, second from left, and senior vicepresident of Corporate Affairs Linda Armyn, second from left, acceptsthe CU Times Trailblazer Award for Outstanding Political Action. At left isCO-OP Financial Services senior vice president Caroline Willard, and atright is CU Times Publisher/Editor-in-Chief Sarah Snell Cooke.

Annette Zimmerman, at right, president/CEO for the $443 million Prime-Way FCU in Houston, was the Trailblazer CEO of the Year.

Guests, including tie dye shirt-clad Crash the GAC participants, gave itup for the winners at CU Times’ 2015 Trailblazer Awards reception.

CU Times’ Trailblazer Award for Outstanding Service to the Underserved went tothe $61 million Tuscaloosa CU in Tuscaloosa, Ala. President/CEO Tommy Cobb,pictured with CU Times Executive Editor Heather Anderson, accepted the award.

At center, Jonathan Patrick, chief lending officer/senior vice president for the

$225 million, Knoxville, Tenn.-based UT FCU, accepts the Lending Officer of theYear Trailblazer Award from CU Direct President/CEO Tony Boutelle and Cooke.

NCUA heavy hitters attended the Trailblazer Awards, including, from left, Chief of Staff Steve Bosack, Chairman Debbie Matz, Vice Chairman Rick Metsger and hisSenior Policy Advisor Michael Radway.

James C. Barbre III, board director for the $1.3 billion Associated CU in Nor-cross, Ga., has spent his adult life serving credit unions and received CU Times’

2015 Volunteer of the Year Trailblazer Award.

Vice President of Information Systems for the $325 million, Charlotte, N.C.-basedCharlotte Metro CU, David Cooper II (center), is named the 2015 Trailblazer ITExecutive of the Year. At left is Symitar Senior Director of Operations Ed Miller.

Cathy Graham, center, vice president of marketing for the $3.6 billion Desert
Schools FCU in Phoenix, accepts the Marketing Executive of the Year Trailblazer
Award from Willard and Cooke.

Members of The Cooperative Trust and CUNA’s Crash the GAC program pose for
selfies at CU Times’ Trailblazer Awards reception, where they had a chance to
mingle with seasoned executives.

For information, contact 877-257-3382 or reprints@alm.com. CUT-02-16-00

CreditUnionTimes MARCH25,2015 |VOL.26|NO. 10| CUTIMES.COM

Trusted News for Credit Union Leaders

Credit UnionTimes

DECEMBER 18, 2015 | CUTIMES.COM

NCUA announced Friday thatit released A. E. A FCU fromconservatorship.

“Liquidation of a credit
unionisalwaysalastresort.Ourfirst
priorities in a conservatorship are to
minimize any loss to the NCUSIF and
maintain service to members wherever
possible,” Matz told CU Times. “In cases
like A. E. A. Federal Credit Union, we
also fulfill our statutory mandate under
the Dodd-Frank Act to make every
effort to preserve minority depository
institutions. I felt it was especially vital
to preserve credit union service to
the underserved area of Yuma, where
the predominantly minority residents
have little access to any other federally
insured financial institution. A.E.A.’s
remarkable recovery was made possible
(the) NCUA’s Region V staff, the new
management team we put in place and
the members who remained loyal to
their credit union.”
The Yuma, Ariz.-based credit union
has more than $243 million in assets and
serves34, 326members.Itwasplaced
2010 to address its declining financial
conditionstemmingfromissuesinits
member business loan portfolio.

The NCUA said A. E. A. revamped itsoperations, improved lending controlsand reduced expenses while growingnet worth through strong earnings.removed from NCUA conservatorshipin 2015.

NCUA Releases A.E.A. FCUFrom Conservatorship

BY J. DANIEL YOUNG

For information, contact 877-257-3382 or reprints@alm.com. #CU 01-16-02

From left: John Garcia, AEA Federal Credit UnionChairman of the Board; Brian Mendivil, AEA FederalCredit Union President & CEO; Elizabeth Whitehead,National Credit Union Administration Region V Director.