ST. PAUL, Minn. (9/10/13)--Jeff Schwalen, president/CEO of Hiway FCU in St. Paul, Minn., was recently honored with the Minnesota Credit Union Foundation Credit Union Builder Award. The distinction recognizes those who have dedicated time and energy to building the credit union movement, said the foundation.
Nominations for this award are made by credit unions and other organizations in honor of or in memory of a significant individual who has been instrumental in their success.
Schwalen served as Hiway's president/CEO for the past 10 years. During his tenure, the credit union experienced a steady rise in membership, assets grew by $350 million, and Hiway developed a reputation for offering innovative products and services to its members.
Active in the Minnesota credit union movement, Schwalen has served as a table officer and member of the Minnesota Credit Union Network board of directors from 2007 to 2013. He was also an active member and past chairman of MnCUN's Political Involvement Committee and CENCOPAN Partnership Steering Committee, a group active in international credit union development in Paraguay.
Schwalen has been a longtime proponent of Credit Unions for Kids, serving on Minnesota's steering committee and leading Hiway to becoming a fundraising force for Children's Miracle Network and the local Gillette Children's Specialty Healthcare.
Schwalen, who will retire in October, joins 20 other individuals who have been honored during the past six years with the MnCUF's Credit Union Builder Award. The names of the recipients and the contributing credit unions are permanently displayed in the Minnesota Credit Union Network's lobby as a tribute to their accomplishments.