FEDERAL WAY, Wash., and BEAVERTON, Ore. (FILED 2:25 p.m. CT 8/28/12)--John Annaloro, CEO of the Northwest Credit Union Association (NWCUA), will retire on Oct. 2, NWCUA announced today.
NWCUA's change of leadership will occur in conjunction with NWCUA's Convention and Annual Business Meeting in Vancouver, Wash. A reception honoring Annaloro's accomplishments will be held Oct. 4 during the proceedings.
Annaloro has served as CEO of the organization for 15 years, from 1997 to 2010 with the Washington Credit Union League and from 2010 to the present with NWCUA. Prior to moving to Washington, he was a senior executive for the California and Nevada Credit Union Leagues.
"John has consistently championed advocacy's vital importance to credit union success, implementing programs that are among the strongest in the nation and with a focus that has resulted in Washington and Oregon having two of the most progressive charters in the nation," said Bill Cheney, president/CEO of the Credit Union National Association (CUNA).
"Further, among many other accomplishments, he has shown outstanding leadership in championing financial literacy, most notably through his visionary embrace and early financial support for the Public Broadcasting System's BizKid$ program, which has gone on to become one of the movement's signature financial literacy initiatives, now under the auspices of the National Credit Union Foundation," Cheney said.
"And, on top of all of that, as a league executive and president, he has demonstrated superior results both organizationally and financially, highlighted by his personal engagement and essential role in the historic vote by the Washington and Oregon credit union leagues to merge and become the Northwest Credit Union Association, " he added.
Annaloro was the Washington league's sixth executive officer and the first CEO of NWCUA, the product of a merger between the Washington league and the Credit Union Association of Oregon that now serves nearly 200 credit unions. Known as a promoter of aggressive and effective government affairs programming, he has earned numerous awards, including the Eagle Award from the American Association of Credit Union Leagues (AACUL) for his outstanding record of achievement as a system leader. Among his other awards are:
- ASAE National Award for Outstanding Governmental Affairs Programs;
- The Western CUNA Management School Outstanding Graduate; and
- Co-recipient of the National Credit Union Foundation's Herb Wegner Memorial Award for the PBS television series, "BizKid$," which was launched in Seattle with credit union funding.
"I am honored to have the opportunity to work with and get to know John over the past few years," said NWCUA Board Chairman Bill Anderson. "His focused and agile leadership he has put in place the very foundation that has made this organization--and indeed, our industry--such a success."
Annaloro will be succeeded as CEO by Troy Stang, the NWCUA's current president.