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Howard Williams receives his award at CUES' Directors Conference.
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Howard Williams receives the 2014 CUES |
Today CUES honored Howard Williams, former director of Fort Knox Federal Credit Union, Radcliff, Ky., as the 2014 CUES Distinguished Director.
Upon receiving his award at CUES’ Directors Conference at the JW Marriott Desert Springs Resort & Spa, Palm Desert, Calif., Williams said: “Thank you to the board of directors of Fort Knox Federal Credit Union who nominated me for this award. I feel so undeserving and grateful. There are many more of you in this room who are worthy of this award as well.
“In life, as well as during my tenure as a director, I’ve tried to create a climate in which people are set up to succeed, focus on teamwork and take well-reasoned risk. I’d like to encourage everyone in this room to follow this mantra and continue the credit union mission of people helping people.”
Williams served on Fort Knox FCU Board for 26 years, acting in every capacity including as chairman from 2011 to 2013.
During his tenure, the CU’s assets increased ten-fold, to more than $1 billion, requiring the board to expand its collective knowledge in policies and procedures to properly govern a financial institution of that size.
For the past 22 years, the credit union has also maintained a return on assets of over 1 percent, with its average ROA at 1.60 percent, placing Fort Knox FCU in the top 10 percent within its peer group.
Williams was a key contributor to the complete revamping of Fort Knox FCU’s governance model. The multi-year process completely restructured the board’s policy matrix, relationship and responsibilities of the board and the CEO, and board performance expectations for the credit union.
As a member of the CUES’ Center for Credit Union Board Excellence steering committee, Williams was among those who helped to shape this innovative group membership, which offers many online board resources and predesigned learning plans.
Williams also served on the boards of the City of Radcliff Code Enforcement, the Radcliff Rotary Club, the Metro United Way, the Hardin County Red Cross, and Big Brothers/Sisters of Hardin County.
The CUES Distinguished Director award is presented to a credit union board or committee member whose achievements have strengthened their credit union.
