June 12, 2017


Honors significant contributions to the state credit union system

Arlington, Va. -- Honoring an individual, program or organization that has made significant contributions to the state credit union system is the aim of the 2017 NASCUS Pierre Jay Award, which opened for nominations today. Deadline for nominations is July 28.

“We will be selecting an award winner who exemplifies outstanding service, leadership and commitment to the state credit union system,” said NASCUS President and CEO Lucy Ito. “In late August, when the state system gathers in San Diego to celebrate our 2017 State System Summit over a four-day period, we will be bestowing the Pierre Jay Award on a worthy individual, program or organization.”

The NASCUS Summit is Aug. 29-Sept. 1 at the Westin Gaslamp Quarter Hotel in San Diego.

Created in 1997 by NASCUS, the Pierre Jay Award honors 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, and despite objections from the banking industry, Jay went on to champion credit union development in the United States. Through Jay's perseverance and service, he profoundly shaped credit union history.

Eligibility for nomination to the 2017 Pierre Jay Award is open to anyone, program or organization that has made a significant contribution to the state credit union system over the last year (or years); the nominee does not necessarily have to be affiliated with NASCUS. Nominees could include credit union regulators, practitioners (paid staff, volunteers or members) federal or state lawmakers, trade groups or others.

However, only NASCUS members are eligible to submit a nomination for consideration.

Criteria used in judging the winner of the award include:

  • Nominee must show (with examples) contributions that have benefited the state credit union system significantly in the past 1-5 years (or more);
  • In making those contributions, winner must demonstrate service, leadership and commitment – giving examples of each – to the state system and/or NASCUS.
  • Other factors relevant to service, commitment and leadership to the state system.

For more information, including the official entry form, see the NASCUS website at

Information Contact:
Patrick Keefe, Vice President, Communications, or (703) 528-5974

The National Association of State Credit Union Supervisors (NASCUS) is the primary resource and voice of the state governmental agencies that charter, regulate and examine the nation’s state-chartered credit unions. NASCUS membership is made up of state-chartered credit unions, state regulators and other supporters of the state credit union system. NASCUS is the only organization dedicated to the defense and promotion of the state credit union charter and the autonomy of state credit union regulatory agencies.