MADISON, Wis. – CUES has named its distinguished award recipients. The awards celebrate “visionary leaders and one exceptional credit union redefining excellence and inspiring the movement’s next generation of trailblazers,” CUES said.
The winners include:
CUES Outstanding Chief Executive
Joseph Hearn, CCE, president/CEO, Dupaco Community Credit Union, Dubuque, Iowa
“This award recognizes outstanding leaders at the CEO level who display professional achievement, support employee motivation, and are dedicated to their community,” CUES said. “Under Hearn’s visionary leadership, Dupaco has more than doubled its membership, become a designated U.S. Treasury Certified Development Financial Institution, and launched ‘Invest in You,’ an internal initiative that resulted in an average of 33 hours of dedicated training for each Dupaco employee.”
CUES Distinguished Director Award
Dr. Rick Will, Board Chair, USF Credit Union, Tampa, Fla.
“The CUES Distinguished Director Award honors a board or committee member whose achievements have strengthened their credit union,” CUES said. “Dr. Will exemplifies the ideal of an engaged, forward-thinking, values-driven leader deeply committed to the mission of people helping people. As chairperson, Dr. Will has strengthened the USF Credit Union board through active participation, thoughtful governance, and by encouraging strategic dialogue among his peers. Beyond USF Credit Union, Dr. Will champions the cooperative difference to elevate industry dialogue.”

John Pembroke Catalyst for Change Award
Peak Credit Union, Olympia, Wash.
“The John Pembroke Catalyst for Change Award celebrates advancements in the diversity, equity, and inclusion space. Since a major merger in 2023, Peak has embedded belonging into its core, launching initiatives like ERGs, pay equity, and community outreach,” CUES stated. “Led by a dedicated DEI & Development team, the credit union has fostered a culture where everyone feels valued, making DEI a foundational part of their operations and services. Their strategic and authentic efforts serve as a powerful model for the credit union industry, showcasing how an inclusive environment can drive meaningful, transformational change in communities.”
CUES Hall of Fame Inductee
Charles E. (Chuck) Fagan III, president and CEO, Velera, St. Petersburg, Fla.
“CUES Hall of Fame inductee Chuck Fagan is recognized for his transformative leadership, dedication to developing industry talent and innovation, and influential advocacy as a community leader,” CUES said. “As president and CEO of Velera, Fagan has guided strategic direction to deliver exceptional results for owner credit unions. During his tenure as CUES CEO, he advanced leadership development and collaboration across the industry, leaving a lasting legacy that continues to strengthen credit union executives today.”
Presentation of Awards
The CUES Distinguished Director Award will be presented at CUES Directors Conference, Dec. 7-10 in San Diego. The CUES Outstanding Chief Executive and CUES Hall of Fame induction will be celebrated at CUES Symposium, Feb. 1-5, 2026, Wailea, Hawaii.
Peak Credit Union will be honored at a private celebration.






