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NACUSO 2006 CUSO Collaboration and Cooperation Award

NACUSO’s core purpose:

To be the catalyst for instituting collaboration, innovation and reinvention
of the credit union industry.

In keeping with that core purpose, during our annual conference at the
Wynn Las Vegas Resort on May 16th we proudly presented our 2006 CUSO Collaboration
and Cooperation Award to:

CU Direct Connect of Centennial, Colorado.

CU Direct Connect

NACUSO Chairman Tom Davis, left, and Director Judy Sandberg
present the NACUSO 2006 CUSO Collaboration and Cooperation Award to Steve
Anderson, president/CEO of CU Direct Connect.

Two CUSOs were recognized for Honorable mention. They are:

CU Business Group, LLC, of Portland, Oregon
and
Member Business Lending, LLC, of South Jordan, Utah.

Honorable Mention

Kent Moon, left, president/CEO of Member Business Lending,
and Mike Oliver, VP of operations for MBL and Larry Middleman, CEO of CU
Business Group proudly show their awards.

About the Awards

The criteria for the award is based on the following:

  • Thoughtful Leadership and Critical Thinking
  • Value Created through the use of Collaboration
  • Innovation in Organization Design
  • Implementation and Execution
  • Results, Outcomes, and Performance Measurement

The Judges were Thomas Condit, Trustee of the Trust for Credit Unions
and former CEO of the National Cooperative Bank, Tom Davis, PhD, President/CEO
of Davis and Company and newly elected NACUSO Chairman and Judy Sandberg,
VP of Strategic Direction, Gateway Services Group, LLC and NACUSO Director.

The Evaluation & Scoring Methodology was as follows:

  • All nominations scored independently by the judges using a criterion
    rating
    of 1-5.
  • Individual scores transferred to Master Scoring Matrix.
  • Results tabulated to determine the winners.

NACUSO Congratulates the Winners on their Achievement!

Click here to view 2004 award recipient

NACUSO Announces 2004 Recognition Awards For CUSO/CU Best Practices and CUSO Executive of the Year…

Left to right: Tom Leyva, CEO Mission Federal Services, LLC; Joseph Brancucci, President/CEO Prime Alliance Solutions, Inc.; Dennis Godfrey, President/CEO Navy Federal Financial Group; John D. Unangst, Chairman NACUSO Board of Directors and President/CEO of Franklin Mint FCU in Broomall, PA; Tom Davis, Chairman of the NACUSO Awards Selection Committee and President of Davis & Company.

(Newport Beach, CA September 21, 2004) – Dennis Godfrey is President/CEO of Navy Federal Financial Group and its title and settlement subsidiary, NFRES, LLC is the recipient of the 2004 CUSO Executive of the Year. The award was presented by NACUSO Chairman, John D. Unangst at the NACUSO Fall Leadership Conference held this past week in Phoenix.

Dennis has been a Navy Federal employee for almost 15 years, and served as the Vice President of Secondary Marketing in the mortgage department prior to the founding of NFFG in 1999. Under his tutelage, NFFG has instituted an investment program that now has assets under administration of almost $300 million, a auto insurance program that covers more than 100,000 members, and a settlement and title group that has closed $3 billion in mortgages. Dennis was formally with Fannie Mae, where he was responsible for negotiated transactions and product development. He is also very active in civic and charitable events in his home town of Philomont, Virginia.”

In addition to the CUSO/CU Executive of the Year, NACUSO Also recognized two CUSOs who tied for the CUSO/CU Best Practices Award. The recipients of this distinguished award were, Prime Alliance Solutions and Mission Federal Services, LLC.

Prime Alliance Solutions, Inc. puts members in homes. Strong mortgage industry partnerships combine with break-through processes and leading technology to deliver an unequaled home-financing experience for credit union members. Credit unions benefit, too. Prime Alliance’s customers are some of the most cost-effective and efficient in the industry according to Fannie Mae’s 2004 Mortgage Focus Study.

The Company works with 64 credit unions and 12 mortgage companies that serve credit unions. Mortgage companies and credit unions combined have deployed more than 450 Prime Alliance sites for use by credit unions of less than $1 million to more than $5 billion in assets. As a group, they accounted for 23% of all credit union mortgage loans in 2003.

Mission Federal Services, LLC provides an extensive line of insurance products as well as investment services through its broker dealer, CUSO Financial Services LP. Tom Leyva, CUSO CEO, noted that the CUSO lives by the motto: “we have your best interest at heart.” That motto applies to our members, our credit union staff and CUSO staff. The CUSO has taken a “grass-roots approach” to sales and service coaching which often entails working with the branch and call center staff on a one-on-one basis as they serve members. To enhance the return to stakeholders, they have devised and maintained a clearly stated, focused strategy, working toward flawless operational execution, maintaining a performance-oriented culture as a “Trusted Advisor,” and striving to build and maintain a fast and flexible organization.

Mission Federal Credit Union, with $ 1.8 billion in assets, serves over 125,000 members in the San Diego community with 22 branches. Mission Fed, originally chartered in 1961 to serve San Diego’s educational community, converted to a community charter in July 2003.

About NACUSO

Founded in 1985, NACUSO is the leading professional trade association for credit unions and CUSOs seeking to provide a full array of services, such as mortgages, business lending and business lending depository services, trust services, investments and insurance to their members and non members alike. NACUSO’s mission is to enhance the ability of credit unions to serve their members through CUSOs and the implementation of Incidental Powers authority and other associated capacities. Because today’s highly competitive marketplace and the changing credit union and CUSO regulatory terrain require businesses to work faster and smarter, the synergy between credit unions and CUSOs has never been more important, and the treasury of knowledge offered by NACUSO more relevant.