Oregon State Credit Union CEO Richard Hein Inducted into Credit Union House Hall of Leaders
Hein has spent his career championing the Credit Union Movement.
Richard Hein, CEO of Corvallis, Oregon-based Oregon State Credit Union, was inducted into the Credit Union House Hall of Leaders in Washington, D.C., at the Credit Union House during a ceremony March 10. He joins other outstanding credit union leaders who have been inducted over the years, including several from the Northwest.
Hein is a passionate credit union advocate, nationally recognized fundraiser for the Credit Union Legislative Action Council, a champion for Credit Unions for Kids, and a leader in credit union financial education.
He’s served as Oregon State’s CEO for 20 years, a credit union with $1.3 billion in assets and more than 115,000 members.
“I’m very honored and humbled to be considered to be in the Hall of Leaders. This is also great recognition of our dedicated Board of Directors, our Executive and Senior Management Team, and every employee who strives daily to further the credit union movement,” Hein said. “Their desire and passion to create financial solutions to make lives better fulfills our purpose, which is to serve our members. Each of them are leaders to me for without them nothing could be accomplished.”
Hall of Leaders inductees are chosen for their commitment to inspiring others in the Credit Union Movement. Their names are permanently displayed at the Credit Union House and they are given a plaque to commemorate the honor.
Hein has been a force in fundraising for CULAC. Under his leadership, Oregon State staff has raised nearly $210,000 for CULAC since 2004. For his leadership, Hein received the Buck Levins Award in 2016, the Credit Union Movement’s highest national advocacy honor.
He has also served as a Co-chair of the Northwest Credit Union Association’s CULAC committee, a role in which he helped to train and inspire other credit unions to contribute at higher levels.
“We were created by public policy to provide choice and opportunity to consumers. Our involvement in CULAC is our investment in the credit union industry continuing to exist to serve our mission,” Hein said in an Anthem article in 2017 celebrating his CULAC model.
In addition, Hein is a long-time and actively engaged member of the NWCUA’s Oregon Governmental Affairs Committee, and he is passionate about financial education. Oregon State employs a full-time educator, who teaches in several public settings, as well as a robust online library of financial capacity classes, which are available to the public.