NASCUS Opens Nominations for 2025 Pierre Jay Award

FOR IMMEDIATE RELEASE
June 10, 2025

NASCUS Opens Nominations for 2025 Pierre Jay Award

ARLINGTON, VA — The National Association of State Credit Union Supervisors (NASCUS) is now accepting nominations for the 2025 Pierre Jay Award, the association’s highest honor recognizing exceptional service and leadership within the state credit union system. The award will be presented during NASCUS’s 60th Annual Meeting, the State System Summit (S3), a premier event uniting regulators, credit union leaders, and industry partners to discuss innovation, collaboration, and the future of state-chartered credit unions.

Named after Pierre Jay, the first Commissioner of Banks in Massachusetts and an early champion of credit union development in the United States, the award honors individuals, programs, and organizations whose contributions have significantly benefited the state credit union system. Jay’s pioneering efforts, alongside those of credit union trailblazer Edward Filene, laid the foundation for the expansion of credit unions across the country.

 Eligibility and Criteria:

Nominees may include individuals, programs, or organizations. Candidates should demonstrate:

• Proven contributions that have significantly benefited the state credit union system
• Demonstrated service, leadership, and commitment to NASCUS and/or the broader state system
• Achievements that may reflect a singular contribution or a body of work over the course of a career

Nomination Deadline: July 18, 2025

Submissions can be made by completing the Pierre Jay Award Nomination Form or click here for more details.

Reflecting on the 2024 Honoree: Cherie Freed

At the 59th Annual State System Summit in 2024, NASCUS honored Cherie Freed with the Pierre Jay Award in recognition of her more than 37 years of service with the National Credit Union Administration (NCUA), including eight years as Western Regional Director. Ten state supervisory agencies from the Western Region nominated Cherie for the award, acknowledging her impactful partnership with state regulators.

Cherie’s leadership, collaboration, and advocacy earned her widespread respect and admiration. Her commitment to fostering cooperation between state regulators and the NCUA  strengthened relationships and improved regulatory practices.

“Cherie Freed embodies the leadership, service, and commitment that the Pierre Jay Award was created to honor,” said NASCUS President and CEO Brian Knight when presenting her with the award. “Her remarkable career and unwavering support for state-chartered credit unions have made her a true asset to our community, and we are proud to recognize her outstanding contributions.”