MADISON, Wis. (8/20/12)--Hubert Hoosman Jr., president/CEO of Vantage CU, Bridgeton, Mo., will be the recipient of the 2013 Herb Wegner Memorial Award for Individual Achievement, announced the National Credit Union Foundation.
Hoosman's honor will be one of three Herb Wegner Memorial Awards presented at a special dinner hosted by NCUF in Washington, D.C., on Feb. 25, during the Credit Union National Association's 2013 Governmental Affairs Conference.
"Hubert Hoosman's dedication to moving the credit union world forward is also visible in all of the local, regional, national and international endeavors in which he has been involved," said NCUF Awards and Recognition Committee Chairman Bob Schumacher, calling Hoosman "a renaissance credit union leader."
Hoosman began his career at Educational Employees CU--the credit union changed its name to Vantage CU in 2002--as a teller in 1982. He has served as loan department manager, branch manager, vice president of operations and executive vice president. He was named president/CEO of the credit union in 1994.
When Hoosman started at the credit union in 1982, the credit union had $34 million in assets. Today, Vantage CU is the fourth-largest credit union in Missouri, with assets approaching $700 million.
Hoosman has channeled his credit union's resources to battle poverty in East St. Louis. Vantage CU has partnered with local high schools to create a work-study program in which employees of Vantage CU participate with students in mock job-interview exercises, providing interviewing skills and job leads for students seeking employment after graduation.
Vantage CU also has offered internships to University of Missouri-St. Louis students through the African American Credit Union Coalition's "Reaching Toward the Future" program. Several interns have gone on to work full-time in credit unions.
He led credit unions across the country in raising funds for a national monument in Washington D.C. to recognize Martin Luther King Jr. In 2006, Vantage CU donated $50,000 to fund the monument. Working with AACUC, Hoosman secured the support of 134 credit unions, 13 credit union leagues, three corporate credit unions, industry trade associations, and six credit union service organizations nationwide to support the effort.
Online registration for dinner tickets will be available later this year on the NCUF website. Use the link