The THINK 2010 Conference is now history, but we hope we have laid the groundwork for the credit union industry to make some new history at next year’s conference.
During Tuesday’s opening session, Caroline Lane, Senior Vice President, Business Development and Marketing, introduced the CO-OP THINK PRIZE. In multiple ways during the next 12 months – beginning with this column – we’ll be reminding you of it.
The CO-OP THINK PRIZE is a $10,000 grant award that will be given for the most innovative and shareable idea that will have the greatest impact to credit unions. The award is intended to go beyond competitive issues and produce progressive thinking that all credit unions could apply to their own institution. Filene Research Institute will select three finalists for THINK 2011 and these finalists will receive an all-expenses-paid trip to the gathering in order to make their presentations to the judges – i.e., registered attendees at next year’s conference!
Credit unions or individuals can participate by applying online at www.co-opthink.org. Exact criteria and entry forms for proposals will be available on the Web site soon. In the meantime, start thinking!
While the CO-OP THINK PRIZE awaits a recipient in 2011, there were several significant awards announced during the course of this year’s event:
- The Founders Award. Presented annually since 1998 to a credit union leader who has played an important role in the growth of CO-OP, this year’s honor went to Thomas E. Sargent, President/CEO of First Tech Credit Union, Portland, Oregon. Mr. Sargent has held his post since 1985, and First Tech now has $1.5 billion in assets and more than 150,000 members.
- CO-OP Credit Unions for Kids Leadership Award – Credit Union. For the credit union that raised the most money for Children’s Miracle Network in conjunction with the CO-OP Miracle Match program. The award went to Selco Community Credit Union, Eugene, Oregon. The credit union raised $45,000, with CO-OP Miracle Match funds totaling $10,000, for a grand total of $55,000.
- CO-OP Credit Unions for Kids Leadership Award-Association. For the credit union association that raised the most money for CMN. For the second year in a row, the award went to The Austin (Texas) Chapter of Credit Unions. This chapter raised $190,000, with CO-OP Miracle Match funds totaling $25,000, for a grand total of $215,000 raised.
The Children’s Miracle Network additionally benefits from donations totaling $52,500, which were presented during the Credit Unions for Kids Leadership Luncheon held on Tuesday. The donations were made by TEKchand of Chicago, Illinois, and Transaction Network Services of Reston, Virginia. And, $10,000 in proceeds from the conference’s annual golf tournament also contributed to the $52,500 total.
We also had some fun awards at THINK 2010. We had a competition to see who could generate the most tweets about the conference on Twitter. The winner was “iechen” with 135 tweets out of more than 500 in less than three days – she typed nearly one tweet every 30 minutes! We thought the winner really wanted the grand prize (an iPad), but no, she’s planning on donating it to CMN. Second and third prize winners – “shrktank” and “take_two,” are also donating their iPod prizes to CMN.
Finally, we hope the highly knowledgeable industry speakers on Sunday and Monday, and the world-class featured speakers who spoke on Tuesday and Wednesday made your trip to Scottsdale, Arizona more than worth while.
Our goal with THINK is to provide you a unique source of learning that will help you move your credit union aggressively into the future. We have already received feedback on the conference from Credit Union Times (click here). We’re counting on your feedback to make help next year’s conference even better. Please give us your thoughts on THINK 2010 by clicking on the icon below.