SAN ANTONIO (10/1/10)--George Reynolds, past National Association of State Credit Union Supervisors (NASCUS) chairman and retired state regulator from Georgia, is the 2010 NASCUS Pierre Jay Award recipient. Reynolds was honored with the award Thursday during the NASCUS State System Summit. Recipients of the award best demonstrate outstanding service, leadership and commitment to NASCUS and the dual-chartering system. The Pierre Jay Award, first awarded in 1997, is named after the first Commissioner of Banks in Massachusetts. After a 34-year career with the Georgia Department of Banking and Finance, Reynolds retired in May as the senior deputy commissioner of banking. Reynolds served as NASCUS chairman, a National Institute of State Credit Union Examination trustee and an active participant in the NASCUS Accreditation Program. During his chairmanship, Reynolds was instrumental in developing the first regional interstate branching agreement and advancing many NASCUS strategic initiatives, NASCUS said. He also testified on behalf of NASCUS and state regulators several times before the House Financial Services Committee and Senate Banking, Housing and Urban Affairs Committee. “George exemplifies the meaning of the Pierre Jay Award, and I can't think of anyone more deserving,” said NASCUS Chairman Tom Candon (Vermont). “His contributions to NASCUS have clearly strengthened this organization.” Last year, NASCUS awarded the Pierre Jay to Catherine Tierney, president/CEO of Community First CU, Appleton, Wis.