ORLANDO, Fla. – The League of Credit Unions & Affiliates has named Alvin Cowans, president and CEO of McCoy Federal Credit Union, as its 2025 Distinguished Service Award recipient during its ENGAGE 2026 meeting.
“This prestigious honor recognizes individuals who have demonstrated a lifetime of leadership, commitment, and impact on the credit union movement,” The League said, adding the awards celebrate credit unions and professionals who embody the cooperative spirit and exemplify the values of service, innovation, and integrity.
“Alvin Cowans has dedicated more than four decades to the credit union industry, including 41 years as President and CEO of McCoy Federal Credit Union. Under his leadership, the organization grew from $35 million in assets to more than $1 billion, expanding its reach to 15 locations and over 80,000 members,” The League said. “His tenure has been marked by strategic growth, including multiple field of membership expansions and mergers that strengthened the credit union’s ability to serve its community.
‘Lasting Impact’
“Beyond organizational growth, Cowans has made a lasting impact across the credit union movement. He has held leadership roles with The League and its predecessor organizations and served as a Region III Director for the National Association of Federal Credit Unions,” the League added.
It further said his contributions also extend to national service, including appointments to advisory councils with the Federal Reserve Bank of Atlanta, where he provided insight on behalf of community financial institutions.
‘Thankful for Honor’
“I am truly thankful for this honor. My 43 years in the credit union movement have been a labor of love,” said Cowans in a statement. “I am grateful for the opportunity to touch the lives of so many members and help make a difference, and I’m especially thankful to have supported others as they began their careers and built their lives. I appreciate the committee for recognizing this work while I’m still here to celebrate it.”
Added Samantha A.M. Beeler, president of The League of Credit Unions, in a statement, “Alvin’s career is a reflection of what true leadership looks like in the credit union movement. His impact goes far beyond growth and milestones. He has built something lasting through his commitment to people, his community, and the values that define our industry. This recognition honors a legacy that will continue to influence the movement for years to come.”
Credit Unions of the Year Named
In addition, the League, which serves credit unions in Alabama, Florida, Georgia, and Virginia, also named its other honorees, including
- Credit Union of the Year (Up to $150 Million in Assets): North Georgia Credit Union – Toccoa, Georgia
- Credit Union of the Year ($100 Million to $500 Million in Assets): Naheola Credit Union –Pennington, Alabama
- Credit Union of the Year (More Than $500 Million in Assets): Dade County Federal Credit Union – Sweetwater, Florida
North Georgia Credit Union was recognized for its strong financial performance and commitment to community impact. In 2024, the credit union surpassed $105 million in assets and returned a record $1.1 million to members in dividends and interest. Through partnerships with local schools and organizations, it continues to expand access to financial education and support underserved communities.
Naheola Credit Union earned recognition for its operational strength and focus on delivering value to its members. With $213 million in assets, the credit union continues to expand access to credit while maintaining strong financial performance. Its ongoing support of local schools and community organizations reflects a deep commitment to the communities it serves.
Dade County Federal Credit Union was honored for its growth and impact as a Community Development Financial Institution (CDFI). With $1.35 billion in assets, the credit union continues to expand access to financial services across underserved communities. In 2024, it provided more than $1.1 million in homebuying assistance and invested in small businesses to support local economic growth.
‘Standard for Excellence’
“Each of these credit unions sets a standard for what excellence looks like within our industry,” said Beeler. “Their commitment to their members, their communities, and the credit union mission is strengthening the future of our movement. We are proud to recognize their leadership and celebrate the difference they make every day.”
