|Sarah Canepa Bang, President of CO-OP Shared Branching/FSCC LLC, and Chief Strategy Officer of CO-OP Shared Branching|
SARAH CANEPA-BANG WINS WEGNER AWARD
updated 08/22/13 09:23 AM
Honored for 'Individual Achievement'
In recognition of her leadership and tireless commitment to the credit union philosophy, the National Credit Union Foundation (NCUF) has honored Sarah Canepa Bang, president of CO-OP Shared Branching/FSCC LLC and chief strategy officer of CO-OP Shared Branching, with the 2014 Herb Wegner Memorial Award for Individual Achievement.
This 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.
"One word to describe Sarah is ‘dynamo,'" said John Gregoire, chairman of the NCUF Wegner Awards Selection Committee and president The ProCon Group in Madison, WI. "Sarah is one of the most impressive, assertive, outgoing personalities in the entire credit union movement. Her energy knows no bounds, helping her become a major contributor to the success of the Credit Unions for Kids program and building shared branching in to a powerhouse delivery system."
Canepa Bang started her career at the Credit Union National Association in 1983 in the trade association's newly developed Internet office. During the mid-80s, she served as education director at the then Oregon Credit Union League and moved to the Massachusetts Credit Union League in the late 80s as vice president of human resources.
She returned to the Oregon Credit Union League as executive vice president in 1990 and launched a number of high visibility programs. During her tenure at the Oregon Credit Union League, she was also chief operating officer of CU Access, an ATM and shared branching network which the league ran, and Automated Item Management, the Northwest's largest and most successful check processing operation.
In 1995, Canepa Bang established a two-year associate degree program in credit union management through Mt. Hood Community College. She recognized that credit unions were a promising place to build careers and found a way to meet the educational needs of credit union employees. She also initiated Loans Today, one of the first 24-7 lending call centers in the nation created to enhance a credit union's ability to process member loan requests via telephone.
“Sarah’s career is indicative of not only her commitment to the credit union philosophy but also her willingness to utilize her business acumen to promote the best interests of credit unions, said Dan Egan, president and CEO of the Massachusetts Credit Union League, New Hampshire Credit Union League, and the Credit Union Association of Rhode Island.
“Sarah has been the credit union system's most ardent ambassador for shared branching, as well as its staunchest task master,” said Diana Dykstra, president and CEO of the California and Nevada Credit Union Leagues.
Canepa Bang was named CEO of FSCC in 1999. During her tenure she made the fledgling organization one of the most successful credit union CUSOs in the nation and in the history of the credit union system. Under Canepa Bang’s leadership, FSCC more than quadrupled in the number of credit unions, branches, and states involved in shared branching resulting in thousands of financial access points for members. Today, shared branching is available in all 50 states, 2 US territories, and 3 foreign countries.
FSCC was the first network to pioneer the outlet concept in shared branching. Through Canepa Bang’s tenure, they expanded the technology to include full-service kiosks, mobile banking, call centers, disaster recovery, and remote deposit capture. In 2007, FSCC hit another milestone and implemented shared branching services on over 2,200 Vcom® kiosks inside select 7-Eleven stores. In January 2012, she collaboratively worked with CO-OP Financial Services to unite the two shared branch networks in the credit union industry into “one” national network via a merger of the two organizations.
“Sarah is a visionary leader who is fearless in her pursuit of service and ‘access anywhere’ for credit union members,” said Patricia Smith, president and CEO of Unitus Community CU.
Canepa Bang is also a longtime supporter of the Credit Unions for Kids (CU4Kids) program and was one of the key founders of the program while at the Oregon Credit Union League. Additionally, she extends her commitment for credit unions to the global movement through her involvement with the World Council of Credit Unions (WOCCU) and DCUC (Defense Credit Union Council). Also, she is a firm believer in the mission of state credit union foundations.
SAN GABRIEL VALLEY ECON. OUTLOOK updated
04/22/15 02:33 PM
What You Missed
The California Credit Union League attended the San Gabriel Valley Economic Outlook event on April 21 and share gained insights with its members.
CUNA JOINS HOME DEPOT LAWSUIT updated
04/16/15 03:30 PM
Association Rallies with CUs
The Credit Union National Association (CUNA) has joined forces with the California and Nevada Credit Union Leagues, credit unions, and other financial institutions as a plaintiff in a class action lawsuit against the Home Depot.
SUCCESS AT ‘SACTOWN’ AND GRR updated
04/16/15 02:46 PM
April 12-14 in Sacramento
The annual Credit Union SacTown Ten-Mile Run and the California Government Relations Rally (GRR) were huge successes. Hundreds of credit union leaders, professionals, and volunteers convened in Sacramento to participate in these consecutive events on April 12-14. Collectively, our efforts will help change lives and make a positive impact on the movement.
SOCIAL MEDIA TIPS FOR TAX DAY updated
04/15/15 12:06 PM
CU Members Paid $1.2T in Taxes in 2014
Today is tax day! Nearly 102 million credit union member owners paid $1.2 trillion in taxes in 2014. In California alone, 9.9 million members paid $127 billion in taxes, while in Nevada 330,000 members paid $3.9 billion in taxes.
‘SACTOWN 10’ TROPHY AWARDED updated
04/15/15 01:32 PM
Rep. Ken Cooley Claims Prize
Following a legislative meeting during the California Government Relations Rally on April 14, League members presented Assemblyman Ken Cooley (D-Rancho Cordova) with this year's Legislative Team Traveling trophy. The trophy is awarded to the legislative team with the best combined run time in the Credit Union SacTown Ten-Mile Run’s five-mile team run.
JAN OWEN: STATE CUs STRONG, GROWING updated
04/14/15 10:29 AM
Mentions Joint Exams, Advisory Board Seat
The health of state-chartered credit unions in California is strong, with the average net worth ratio at 11.2 percent, according to Jan Owen, commissioner for the California Department of Business Oversight (DBO). She spoke at the California Credit Union League’s 2015 Government Relations Rally (GRR) on Tuesday morning.
POLITICAL ARENA SHAPES CU ADVOCACY updated
04/14/15 09:48 AM
Jim Brulte Addresses GRR Attendees
California Republican Party Chairman Jim Brulte helped kick off the California Credit Union League's 2015 Government Relations Rally on Monday afternoon, giving attendees a taste of how the state and federal political environments have evolved over the past few decades, and what it means for credit union leaders when they visit state legislators.
CFPB—WHAT DID YOU SAY? updated
04/14/15 02:17 PM
Consumers To Share Complaint Stories
In July 2014, the Consumer Financial Protection Bureau (CFPB) proposed a policy that would allow consumers to publicly share their stories when they submit complaints to the bureau. Recently, the CFPB has now finalized its consumer narrative policy.
'SACTOWN' RAISES NEARLY 200K FOR CMN updated
04/13/15 04:59 PM
Benefits Children’s Hospitals in CA, NV
The fourth annual Credit Union SacTown Ten-Mile Run—which took place Sunday in downtown Sacramento—raised more than $195,000 for Children’s Miracle Network Hospitals (CMN) in California and Nevada.
PRIVATELY-INSURED CUS JOIN FHLB updated
04/13/15 03:21 PM
House Passes H.R. 299
The House passed the Capital Access for Community Financial Institutions Act of 2015 (H.R. 299), a bill that would allow privately-insured credit unions to join the Federal Home Loan Bank (FHLB) program. According to Rep. Steve Stivers (R-Ohio), the bill would give 1.2 million credit union members greater access to credit.
‘SACTOWN 10’ RAISES $200K SO FAR updated
04/10/15 11:23 AM
Race is April 12, 2015
The credit union community will be out in force for the first of four events that represent the Credit Union Miracle Day Family of Races benefitting Children’s Miracle Network Hospitals: the Credit Union SacTown Ten-Mile Run in Sacramento, CA and Credit Union Cherry Blossom Ten-Mile Run in Washington, D.C.—both happening on April 12.
CA ECONOMY: MAJOR GROWTH PREDICTED updated
04/09/15 08:15 AM
Two Forecasts Talk Jobs, Wages, More
Stop calling it a “recovery”—the California economy is in expansion mode, and it won’t taper for the foreseeable future.
NCUA UPDATES SECONDARY CAPITAL updated
04/09/15 01:44 PM
Federation Applauds Efforts
The National Credit Union Administration (NCUA) has announced major improvements to secondary capital, which will spur greater investment into the credit union system. The NCUA's Supervisory Policy Manual revisions will provide clear steps for Low Income Designated (LID) credit unions to apply and be approved for pre-payment of secondary capital. The National Federation of Community Development Credit Unions (Federation) is pleased with the NCUA’s action.
CO-OP DECLARES $29.2M DIVIDENDS updated
04/08/15 02:10 PM
Has Nearly 1,200 Shareholding CUs
CO-OP Financial Services announced a shareholder dividend pool of $29.2 million for 2014, bringing its total shareholder patronage amount to $314.1 million since 1996. Additionally, the year was marked with new records, partnerships, and products for the CUSO.
CUs, LEAGUES, AND NCUA MEET updated
04/06/15 11:18 AM
Exam Survey and IRR Discussed
Representatives from the California and Nevada Credit Union Leagues joined other state league and credit union leaders in meeting with National Credit Union Administration (NCUA) Region V Director Liz Whitehead and her staff last Friday in Arizona.
REGISTER NOW FOR NEXT WEEK'S GRR updated
04/06/15 03:04 PM
Highly Anticipated Event This Year
The most important state advocacy event of the year for credit unions takes place NEXT WEEK—the California Government Relations Rally (GRR) in Sacramento.
APRIL: FINANCIAL LITERACY MONTH updated
04/02/15 02:39 PM
CUNA and NCUF Celebrate
April is dubbed National Financial Literacy Month and National Credit Union Youth Month. It signifies a time for credit unions and organizations to engage with their members—particularly youth—about the importance of financial literacy.
LATEST ‘MEMBERS FIRST IN ACTION’ updated
04/01/15 12:47 PM
Q4 Activities from the Leagues
In this Members First In Action update, we recap the first quarter and year-to-date benefits extended to your credit union as a valued member of the California and Nevada Credit Union Leagues and Credit Union National Association (CUNA).
‘SACTOWN’ FEATURED ON TODAY SHOW updated
04/01/15 03:35 PM
Local Race Part of National Effort
The annual Credit Union SacTown Ten-Mile Run has been selected as a flagship race by the TODAY Show as part of its health-focused national #RunforTODAY program. In partnership with local NBC-affiliates, the program is aimed at empowering women across the country to get fit this spring.
CONGRESSMAN VISITS SAN DIEGO CUs updated
04/01/15 03:18 PM
Rep. Xavier Becerra Talks Industry Issues
Rep. Xavier Becerra (D-Los Angeles) held a series of meetings in San Diego on March 30, the first of which was with credit union leaders.
CA GRR: JIM BRULTE AND JAN OWEN updated
03/31/15 11:37 AM
Exciting Guest Speakers
This year’s California Government Relations Rally (GRR) from April 13-14 in Sacramento will feature guest appearances by Jim Brulte, chairman of the California Republican Party, and Jan Owen, commissioner of the California Department of Business Oversight (DBO).
LEAGUES TO MEET WITH WHITEHEAD updated
03/31/15 10:29 AM
Exam Survey in Focus
National Credit Union Administration (NCUA) Region V Director Liz Whitehead and her senior staff will meet with representatives from the California and Nevada Credit Union Leagues and other state leagues in Arizona this coming Friday to discuss credit union issues, including the examination process.
LEAGUES’ VP RECEIVES CMBDC AWARD updated
03/31/15 01:52 PM
Carol Payne Inducted into Hall of Fame
Carol Payne, vice president of communications and marketing for the California and Nevada Credit Union Leagues, was inducted into the CUNA Marketing and Business Development Council’s (CMBDC) Hall of Fame during its annual conference held March 25-28, 2015 in Las Vegas, NV.