Eunice Rogers, CEO of NRS Community Development Federal Credit Union, receives Annie Vamper Award
NEW YORK, NY (August 13, 2015) — The National Federation of Community Development Credit Unions (Federation) is pleased to announce the recipient of the 2015 Annie Vamper Helping Hands Award, the highest honor given by the Federation to community development credit union staff and volunteers. This year’s recipient of the Helping Hands Award is Eunice Johnson Rogers, CEO of NRS Community Development Federal Credit Union in Birmingham, Alabama.
Cathie Mahon, Federation CEO, congratulates Ms. Rogers, “We have many deserving candidates for the Annie Vamper Helping Hands Award each year. This year, we applaud Eunice Rogers for her commitment to low- and moderate-income consumers in Birmingham. Eunice runs a small, faith-based community development credit union that offers its 375 members a full range of services including online banking. Though small in size, NRS has an enormous impact in its community. The NRS focus on anti-predatory lending has broken the debt cycle for hundreds in Alabama.”
Ms. Rogers will receive her award at a special ceremony on Thursday, September 24, 2015 during the Federation’s Annual Conference in Phoenix, Arizona.
About Eunice Johnson Rogers
Managing a credit union is Eunice Rogers’ second career. With a degree in engineering from Vanderbilt University, this Birmingham native was a trailblazer at a time when few African- American women could be found in the field; she was a charter member of the Birmingham, Alabama chapter of the National Society of Black Engineers. Eunice worked for nearly 20 years for Bell South, before becoming the CEO of NRS (New Rising Star) Community Development Federal Credit Union, which was chartered in 1996.
Eunice threw herself into the credit union movement. She attended both CUNA Management School and the Federation’s CDCU Institute™. She is active in the League of Southeastern Credit Unions and has served as a liaison to state policymakers, representing District 7. Nationally, Eunice has served as Federation Board Chair and has served on the Federation’s Education and Training Committee, Membership Committee, and has been active in the Faith-Based Credit Union Task Force. She has served on CUNA‘s Cooperatives Alliance and the Small Credit Union Committees and has participated in the Development Educators program. Eunice made a strong impression on a large credit union audience as a featured speaker at the NCUA PALs workshop in Orlando, FL. Her credit union is a member of the National Association of Federal Credit Unions (NAFCU), and she is a member of the African-American Credit Union Coalition (AACUC), a close ally of the Federation. In 2010, Eunice received the Pete Crear Lifetime Achievement Award from AACUC. Remarkably, and despite all her national work and her duties managing NRSCDFCU, Eunice found time to serve as Chairman of the Planning Commission of the City of Birmingham and currently serves on the boards of both the Regional Planning Commission of Greater Birmingham and the Alabama Association of Regional Councils. She is also the Chairman of the Alabama Asset Building Coalition, promoting financial stability for individuals and families.
“NRS Community Development Federal Credit Union has been a member of the Federation since NRS was first chartered. The Federation was there on the day we were chartered, with a check in hand,” says Eunice. “Federation investments have helped us make loans to our members, many of whom are living paycheck to paycheck.” With only $1 million in assets, NRS offers its 375 members checking and savings accounts, signature and auto loans, CDs, Individual Development Accounts and online banking. In the last seven years NRS has focused on anti-predatory loans. “Alabama has one of the highest poverty rates in the country and there’s no ceiling on the interest rate predatory lenders can charge, so we see lots of people in a no-win cycle of continuing debt. NRS provides members with financial services at a reasonable price and we serve them with dignity,” says Eunice. Since 2008, NRS has made $420,000 in small dollar loans, making NRS one of the top lenders of anti-predatory loans in Alabama. “A large part of our success comes from being a member of the Federation – not through the money resources, but through the people resources. Networking with other credit unions that are similar to mine, that are serving members similar to ours, has helped us serve our members in the best way possible.”
About Annie Vamper
From volunteering with the College City Elks Lodge FCU in 1958 to serving as the Federation’s Associate Director beginning in 1983, Annie Vamper was committed to the community development credit union movement until her death in 1990. Click here to read more about Annie Vamper.
About The National Federation of Community Development Credit Unions
The National Federation of Community Development Credit Unions is a certified CDFI intermediary representing community development credit unions (CDCUs). The Federation's member CDCUs provide credit, savings, transaction services and financial education to more than 6 million residents of low- and moderate-income urban, rural and reservation-based communities across the US, and hold over $60 billion in community-controlled assets. Founded in 1974, the Federation is headquartered in Lower Manhattan with offices in Madison, WI. The Federation offers a wide range of advocacy, educational, training, investment, marketing, and outreach programs to support and assist CDCUs. For more information about the Federation and its programs, visit www.cdcu.coop.