WASHINGTON (7/16/13)--When she takes her new position Aug. 26 as executive director of the National Credit Union Foundation, Gigi Hyland says she is eager to leverage her relationships in the financial services, philanthropic and policy arenas to raise awareness of the foundation, its reach, and its great potential.
She said it is the breadth and strength of those relationships that also will help her raise the resources necessary to fuel innovation and disseminate programs that work.
The foundation supports credit unions' shared values and unique philosophy of "people helping people," through such programs as REAL Solutions, Credit Union Development Education (DE), Biz Kid$, grants, and CUAid, for disaster relief. Through NCUF grants and programs, credit unions provide widespread financial education, create greater access to affordable financial services, and empower more consumers to save, build assets, and own homes.
"I could not be more honored to continue serving the credit union system through the foundation," Hyland told News Now Monday. "The program successes--Biz Kid$, REAL Solutions, the DE Program, targeted grants and the April Financial Literacy Campaign--have been tremendous, but there is so much potential to do more.
"Working with a dedicated board and staff, as well as generous donors, together we will lift the foundation to even higher levels of achievement."
Prior to the new post, Hyland was most recently a member of the three-person National Credit Union Administration Board. She served from 2005 until October 2012. Before the NCUA, Hyland was senior vice president and general counsel of Empire Corporate FCU, now Members United Corporate FCU.
National Credit Union Foundation Chairman Laida Garcia said of Hyland, "Gigi brings a wealth of credit union experience and an understanding of the non-profit sector that will serve the Foundation well."
Credit Union National Association President/CEO Bill Cheney, who also serves as NCUF president, said Monday, "Gigi's extensive insights to the philosophy and mission of credit unions will serve the entire movement well in this position."
Although the job is new, Hyland will find some things familiar as she moves into her new position. She will work from CUNA's Washington, D.C. office, where she has worked previously. Hyland was CUNA's vice president of Corporate Credit Union Relations and executive director of the Association of Corporate Credit Unions from 1997 to 2002.
"The foundation is well-positioned to continue to be a leader in financial literacy and education, which has never been more important for consumers and remains as one of the core missions of the credit union system," Hyland said.
Hyland succeeds Bucky Sebastian, who announced in May that he would retire on June 30 after three years as head of the foundation. At the time of that announcement, both Garcia and Cheney lauded Sebastian for "an outstanding job" of directing the foundation to focus its efforts on financial education and a number of key initiatives to benefit the credit union movement.