COLUMBUS, Ohio — The Ohio Credit Union Foundation has inducted four people into the William A. Herring Society, which recognizes CU leaders for their “unwavering commitment and contribution to members, their credit union, and their communities.”
According to the Foundation, Society inductees inspire others with their passion, integrity, and distinguished service, and this year’s honorees share in the common mission and belief of changing lives through the power of credit unions. The Society is named for former credit union CEO William “Bill” Herring, who is the son of CU pioneer Louise McCarren Herring.
“Ohio credit union leaders into the Ohio Credit Union Foundation’s William A. Herring Society are honored for their steadfast commitment Credit Union Movement,” said Kimberly Connor, executive director of the Ohio Credit Union Foundation. “When a leader is inducted into the Society, an investment into the Foundation is made to pay it forward for future credit union outreach efforts to people and communities in need.”
The most recent inductees include:
Dennis Adams, American Share Insurance and Excess Share Insurance, Dublin, Ohio
Adams is the recently retired president and CEO of American Shared Insurance (ASI) and Excess Share Insurance (ESI).
“When Mr. Adams joined ASI in the 1980s it was one of a dozen private deposit insurers in existence in the U.S. Today, ASI is the country’s sole private, non-federal, deposit insurer, providing both primary share and deposit insurance and excess deposit insurance only to state-chartered credit unions,” the Foundation said. “Most of Mr. Adams’s financial career has been within the credit union industry, wherein he has had the opportunity to work with hundreds of credit unions, state and federal regulators, and state and federal legislators. However, working with tomorrow’s leaders has always given him a sense of accomplishment and satisfaction.”
William Carr, Sun Federal Credit Union, Toledo, Ohio
Bill Carr’s dedication as a long-time board member at Sun Federal Credit Union spans over three decades, according to the Foundation.
“His leadership contributions while serving on the board include Executive Committee, Credit Committee, Capital Adequacy Group, Asset Liability & Investment Committee, Volunteer Development Committee, as well as serving as a facilitator of Sun Federal Credit Union's planning session. Mr. Carr is an avid learner who pursued several leadership certificates, helping him to better serve the board, credit union, and membership.”
Heather Parrott, CODE Credit Union, Dayton, Ohio
According to the Foundation, for more than 30 years Parrott has been a stabilizing force and vital contributor to growth achieved at CODE Credit Union as a financial officer.
“Her tireless devotion to her position and team has led to the mentorship and professional development for many associates within the credit union, building the next generation of leaders,” the Foundation said. “Under her leadership. CODE Credit Union grew from $20 million to $159 million in assets while prioritizing the needs of members first. Aside from Ms. Parrott’s credit union career, she also volunteers within her local community, exemplifying the people helping people philosophy.”
Jay Young, TrueCore Federal Credit Union, Newark, Ohio
Young started his credit union career as a teller in 1988.
“Through arduous work and his willingness to learn, Mr. Young advanced through the ranks to become CEO of TrueCore Federal Credit Union in 2006,” the Foundation said. “He has grown the organization’s assets from $96 million to $224 million and increased the number of employees by 43%.One requirement Mr. Young put in place for his management team is volunteer time. He feels it is important to give back to the community that supports the credit union to improve the lives both serve.”
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