Pierre Jay Award

Pierre Jay Award

The National Association of State Credit Union Supervisors (NASCUS) created the Pierre Jay Award to recognize individuals, programs, and/or organizations whose contributions have benefited the state credit union system in a significant way. This award honors those who have demonstrated outstanding service, leadership, and commitment to NASCUS and the state system. This distinction is NASCUS’s highest honor in recognizing champions of the state credit union system.


NASCUS Honors Cherie Freed with the Prestigious 2024 Pierre Jay Award at the 59th Annual State System Summit

ARLINGTON, VA — The National Association of State Credit Union Supervisors (NASCUS) is thrilled to announce that Cherie Freed has been named the distinguished 2024 Pierre Jay Award recipient. The honor was bestowed during NASCUS’s 59th Annual State System Summit (S3), an event that convenes industry leaders to discuss and advance the state-chartered credit union system.

NASCUS President and CEO Brian Knight commented, “Cherie Freed embodies the leadership, service, and commitment that the Pierre Jay Award was created to honor. Her remarkable career and unwavering support for state-chartered credit unions have made her a true asset to our community, and we are proud to recognize her outstanding contributions.”

Cherie Freed, recently retired after more than 37 years of service with the National Credit Union Administration (NCUA), including eight years as Western Regional Director, has made countless contributions to the state credit union system. Her leadership, collaboration, and advocacy have earned her widespread respect and admiration. Ten state supervisory agencies from the Western Region nominated Cherie for the Pierre Jay Award in recognition of her impactful partnership with state regulators. Read more


About the Award

First presented in 1997, the Pierre Jay Award is named for the first Commissioner of Banks in Massachusetts, Pierre Jay. He learned of the cooperative credit union movement in Milan, Italy, and quickly embraced the concept. Working with philanthropist and credit union pioneer Edward Filene of Boston, Jay championed credit union development in the United States.

NASCUS members may submit nominations for the Pierre Jay for individuals and organizations that have demonstrated extraordinary commitment and dedication to the credit union system and/or to NASCUS.

NASCUS’ Pierre Jay Award Committee reviews nominations, and the winner(s) is announced during NASCUS’s annual State System Summit (S3).


Eligibility, Criteria, and Nomination Process

Any person, program, or organization whose contributions significantly benefit the state credit union system.

  • Proven contributions that have benefited the state credit union system significantly
  • Proven demonstration of service, leadership, and commitment to the state system and/or NASCUS

Candidates may be nominated for a singular achievement or for activities spanning the course of their careers.

For more information or questions about the Pierre Jay Award, please contact NASCUS President & CEO Brian Knight.


Previous Winners: