Past NASCUS Chairman George Reynolds Honored with NASCUS Pierre Jay Award

Oct. 2, 2010 — George Reynolds, past NASCUS Chairman and retired state regulator from Georgia, is the 2010 NASCUS Pierre Jay Award recipient.

Reynolds was honored with the award on September 30 during the NASCUS State System Summit. Recipients of the award best demonstrate outstanding service, leadership and commitment to NASCUS and the dual chartering system. The Pierre Jay Award, first awarded in 1997, is named after the first Commissioner of Banks in Massachusetts.

After a 34-year career with the Georgia Department of Banking and Finance, Reynolds retired from the agency in May 2010 as the Senior Deputy Commissioner of Banking. Reynolds served as NASCUS Chairman, a NISCUE Trustee and an active participant in the NASCUS Accreditation Program. During this chairmanship, Reynolds was instrumental in the development of the first regional interstate branching agreement, as well as the advancement of many NASCUS strategic initiatives. He also testified on behalf of NASCUS and state regulators several times before the House Financial Services Committee and Senate Banking, Housing and Urban Affairs Committee.

"George exemplifies the meaning of the Pierre Jay Award, and I can't think of anyone more deserving," said NASCUS Chairman Tom Candon (VT). "His contributions to NASCUS have clearly strengthened this organization. We are grateful that we can recognize him for his dedication to regulatory professionalism and his commitment to making the state system better and stronger during his career."

Last year, NASCUS awarded the Pierre Jay to Catherine Tierney, president and CEO of Community First CU, Appleton, Wisconsin.