John Annaloro to Retire as NWCUA CEO

FOR IMMEDIATE RELEASE

August 28, 2012

Contact:
Dave Bennett
425.221.1237

John Annaloro to Retire as NWCUA CEO

FEDERAL WAY, Wash; BEAVERTON, Ore.–The Northwest Credit Union Association (NWCUA) announces the upcoming retirement of John Annaloro as its Chief Executive Officer. The Association’s change of leadership will occur Oct. 2, 2012, in conjunction with the NWCUA’s Convention and Annual Business Meeting in Vancouver, Wash. A reception honoring Annaloro’s accomplishments will be held during the proceedings on the evening of Thursday, Oct. 4.

Annaloro has served as CEO of the organization for 15 years (Washington Credit Union League from 1997-2010, NWCUA from 2010-present). He was the League’s sixth executive officer and the first CEO of the NWCUA—the product of a merger between the Washington League and Credit Union Association of Oregon that serves nearly 200 credit unions. Prior to moving to Washington, Annaloro was a senior executive for the California and Nevada Credit Union Leagues.

Annaloro is known in both settings as a promoter of aggressive and effective government affairs programming, and he has earned numerous awards for his efforts over the past 15 years, including the Eagle Award from the American Association of Credit Union Leagues (AACUL) for his outstanding record of achievement as a system leader. Other selected awards include:

  • ASAE National Award for Outstanding Governmental Affairs Programs;
  • The Western CUNA Management School Outstanding Graduate; and
  • NCUF Herb Wegner Memorial Award co-recipient for the PBS series “Biz Kid$,” a program launched in Seattle with credit union funding.

During his successful tenure, Annaloro and his staff are widely credited with creating the most progressive state-charter environment in the United States, building an excellent Foundation that returns hundreds of thousands of dollars to the members annually, maintaining a strong focus on education, and fostering a cohesive credit union community in the Northwest that maximizes the industry’s collective strengths.

“I am honored to have the opportunity to work with and get to know John over the past few years,” says Bill Anderson, Chairman of the Board of the Directors for the NWCUA. “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.”

Northwest credit unions gained national influence on Annaloro’s watch and are heavily relied upon by the Credit Union National Association (CUNA) to promote legislation, membership awareness and other initiatives improving the operating environment for the financial institutions.

“John is a thought leader in the credit union movement. He is usually months if not years ahead of everyone else,” says Dan Mica, former CUNA CEO. “John spared no effort advancing the credit union charter. He clearly established Washington State as what I would call a ‘soldier on the ground,’ taking critical issues door-to-door to the people. There is no way a national organization such as CUNA can advocate alone.”

Mica marvels at Annaloro’s leadership advocating for passage of the Credit Union Membership Act of 1998. The act significantly opened credit union membership eligibility to consumers. Today, nearly 93 million Americans belong to a credit union.

Many Northwest credit union leaders will agree that Washington has the finest charter and best operating environment in the United States, which would not have been possible without building bridges between credit unions and regulators. One of Annaloro’s signatures has been his ability to represent credit unions to regulators who respect his judgment.

In the association world, Annaloro is a go-to advisor on pending legislative efforts that will improve the ability of credit unions to grant small-business loans and raise supplemental capital.

“Serving the credit union system has been an honor in every way,” says Annaloro. “I appreciate the trust vested in association executives by our credit unions. These appointments are noble endeavors, worthy of anyone’s best efforts to provide a brilliant future. I will miss many friendships, as well as the staff, board members and past chairmen who have been my partners.“

John Annaloro will be succeeded as CEO by Troy Stang, the NWCUA’s current president. 

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The Northwest Credit Union Association is the not-for-profit trade association serving 168 credit unions in Oregon and Washington and their 4.25 million members. The NWCUA is the voice of the Northwest credit union movement, providing legislative, regulatory and public advocacy in addition to education, compliance, networking support and business solutions to its members. Learn more about credit unions at http://www.asmarterchoice.org.

Click here to download the press release.

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