MADISON, Wis. (8/28/13)--The National Credit Union Foundation Tuesday named Tim Haegelin, retired president/CEO of Generations FCU in San Antonio, Texas, as one of three recipients of the 2014 Herb Wegner Memorial Award for Lifetime Achievement.
This is the first time in NCUF's history that three awards for Lifetime Achievement will be given.
"We received an unprecedented 17 candidates in the lifetime achievement category this year," said John Gregoire, chair of NCUF Wegner Awards Selection Committee and president of The ProCon Group in Madison, Wis.
Haegelin's award will be one of four Herb Wegner Memorial Awards presented at a special dinner hosted by NCUF at the Grand Hyatt Washington on Feb. 24, which is Monday night of the Credit Union National Association's 2014 Governmental Affairs Conference. Online registration for dinner tickets will be available later this year on the NCUF website.
Haegelin is perhaps best known for his role in the establishment of Credit Unions For Kids, the program through which credit unions raise funds for Children's Miracle Network Hospitals. It was so successful that the Credit Union For Kids model was launched on a nationwide level in 1996. Funds raised help support new facilities, equipment, research programs, patient services, special patient needs and health education programs benefiting 17 million children annually.
He joined Generations FCU (then San Antonio City Employees FCU) in 1980 as associate manager, taking the helm as president/CEO in 1984. During his leadership, Generations expanded from a credit union with one location, 14,000 members and $37 million in assets to fourteen locations, 49,000 members and more than $400 million in assets.
Haegelin leveraged partnerships to empower Generations FCU to open co-located branches with the City of San Antonio at the airport and with Goodwill Industries of San Antonio, and one of the area's largest retailers H-E-B Grocery Stores.
Haegelin oversaw the launch of a pilot program with the City of San Antonio Volunteer Income Tax Assistance program to offer a zero-interest, zero-fee alternative refund anticipation loan (RefundExpress) to ensure that the underserved and un-banked could keep their annual tax returns out of the hands of predatory lenders.
Haegelin also has worked to establish a partnership with Goodwill Industries of San Antonio to assist the un-banked and underserved. The partnership led Haegelin to oversee the development of Generations FCU's OptionCheck checking account and MoneyExpress loan, which are products and services designed to break the significant hold that payday lenders have. The partnership is considered a best practice and is currently being reviewed by Goodwill Industries nationwide.
Generations FCU established a full-time financial education program in 1996. Since its launch, the program has been recognized nearly every year locally, regionally and nationally for its significant impact on the community. For example, in 2012, Generations FCU was named as the State of Texas Desjardins Youth Financial Education award recipient. And in 2013, the program was the recipient of the Credit Union National Association National Desjardins Youth Financial Education Award.