Gail Krall of Minnesota Power Employees Credit Union recognized for 34 years of leadership & excellence
ST. PAUL, MN (May 23, 2013) Gail Krall, a 34-year leader of Minnesota Power Employees Credit Union in Duluth, was recently honored with the Minnesota Credit Union Foundation's (MnCUF's) Credit Union Builder Award. This distinction recognizes those who have dedicated time and energy to building the credit union movement. Nominations for this award are made by credit unions and other organizations in honor of or in memory of a significant individual who has been instrumental in their success.
Gail became President/CEO of Minnesota Power Employees Credit Union in 1979. During her tenure, MPECU has grown from $1.9 million in assets to $85 million. Krall will be retiring later this year.
On the state scene, Krall has played a vital leadership role in the Minnesota credit union movement, giving immeasurable time, resources and energy to credit unions. She served on the Minnesota Credit Union Network and Network Service Corporation Board of Directors for five years. She has also been a strong supporter of shared branching through her role with the Minnesota Credit Union Service Corporation.
“Gail’s career demonstrates a tireless energy and enthusiasm for the credit union cause of ‘people helping people,’” said Nancy Hutchinson, MPECU Vice President of Marketing & Business Development. “Gail doesn’t just believe in that philosophy; she puts it into action every day.”
Krall is a powerful advocate for credit unions in the political arena through her work on the Minnesota Credit Union Network’s Political Involvement Committee, and she was recently inducted into the Credit Union House Hall of Leaders in Washington, D.C.
Providing leadership for the financial industry, Krall was also appointed to the Minneapolis Federal Reserve Bank’s Community Depository Institutions Advisory Council.
“As Chair of the Minnesota Credit Union Foundation, I am proud to have a part in honoring Gail for all that she has done in her career to support the credit union industry,” said MnCUF Chair Pat Brekken. “Leaders like Gail leave a strong legacy and inspire so many, both at their institution and within the credit union movement.”
Krall joins 17 other individuals who have been honored over the past six years with the MnCUF's Credit Union Builder Award. The names of the recipients and the contributing credit unions are permanently displayed in the Minnesota Credit Union Network's lobby as a tribute to their accomplishments. The honorees receive acknowledgment from the Minnesota Credit Union Foundation, and donors are also listed online and in the Foundation's annual report.
To learn more about MnCUF’s Credit Union Builder Award and to view a list of those who have been honored with this recognition, visit the Foundation website (www.mncufoundation.org/cubuilder).
Dedicated to providing the resources for credit unions and communities to prosper and thrive, the Minnesota Credit Union Foundation is a nonprofit organization founded in 1969 to serve as a charitable arm of the Minnesota credit union movement. For more information, visit www.mncufoundation.org.