LAS VEGAS – CUNA President/CEO Jim Nussle honored James Schenck, president/CEO of the $20.2 billion Pentagon Federal Credit Union in Alexandria, Va., as the 2017 Credit Union Hero of the Year Monday. Schenck was announced as the winner of the annual Credit Union Magazine program in May and presented with his award during a general session at CUNA's America's Credit Union Conference.
Nussle described one of Schenck's key accomplishments as the PenFed Foundation's opening of the Defenders Lodge in Palo Alto, Calif., which provides housing for veterans receiving medical treatment in the area. Since opening two years ago, the Defenders Lodge has provided more than 70,000 free hotel stays to veterans and their families, according to Credit Union Magazine.
"James has long been a champion for the communities his credit union serves," Nussle said. "He has established a variety of programs and addressed a number of unmet needs, particularly for our nation's heroes."
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