Our Award

Our Award

NASCUS Pierre Jay Award


Created by NASCUS to recognize individuals, programs or organizations whose contributions have benefited the state credit union system in a significant way, the Pierre Jay Award honors those who have demonstrated outstanding service, leadership and commitment to NASCUS and the state system.

About the award

First presented in 1997, the Pierre Jay Award honors the first Commissioner of Banks in Massachusetts, Pierre Jay. He learned of the cooperative credit union movement in Milan, Italy and quickly embraced the concept. Working with philanthropist and credit union pioneer Edward Filene of Boston, and despite objections from the banking industry, Jay went on to champion credit union development in the United States. Through Jay’s perseverance and service, he profoundly shaped credit union history.