Nusenda President/CEO Terry Laudick Receives International Credit Union Foundation Recognition

Nov 26, 2018
Joe Biden Award for Development Educator of the Year celebrates cooperative spirit and work of credit unions worldwide

On Nov. 17 in Manchester, England, United Kingdom; Nusenda Credit Union President/CEO Terry Laudick received an honorary mention from the International Credit Union Leadership Development and Education Foundation (ICULDEF) for “demonstrating the power of the credit union movement to change communities and lives for the better,” according to the Joe Biden Award description.

Laudick was named runner-up for the 2018 Joe Biden Award, which is named in honor of the U.S. Senator and 47th Vice President. Together with the late Sen. Claiborne Pell, Biden advocated for the Development Education (Biden-Pell) Project Grant, which aims to “greatly expand within the U.S. credit union movement understanding and support for the ways in which the principles of credit unions have helped many others around the world to improve their lives, communities, and nations,” according to the ICULDEF.

Terry’s work is very impressive and he is to be commended for his passion and willingness to help people,” said a member of the award judging panel. “He is an exemplary representative of the values and ethics for which the Credit Union industry stand for worldwide. Terry obviously involves himself in the activities of his local community and helping vulnerable communities across New Mexico.”

"Terry is a champion of credit unions and the cooperative principles on which they stand. He and his team lead the way in creating programs and opportunities that break barriers and foster equal economic prosperity for all New Mexicans,” 
said Ann Brooks, chair of the Nusenda Credit Union Board of Directors.

“On behalf of the Nusenda Credit Union Board of Directors and our 195,000-plus member-owners, we congratulate Terry for this outstanding recognition and thank him for his tireless work in making our credit union one of the most innovative in the nation."

Under Laudick’s leadership, Nusenda Credit Union and the Nusenda Foundation are leaders in philanthropy, financial education and literacy, and level of employee volunteerism in the state of New Mexico. In 2017, between Community Rewards® and Earn Your Return member dividends, Nusenda distributed more than $10 million to members and their communities in both financial and in-kind support; in the last decade, Nusenda’s commitment to New Mexico tops $42 million.

Workplace Awards: 

  • 2018: Best Credit Union Rio Rancho Observer Readers’ Choice
  • 2016, 2017, 2018: Credit Union Journal “Best Credit Unions to Work For”
  • 2013- 2018: Top Workplace, Albuquerque Journal (2018 No. 1 medium-sized workplace)
  • 2017, 2018: Family-Friendly Workplace, Family Friendly New Mexico
  • 2018, 2016: Albuquerque Business First Healthiest Employers
  • 2014-2018: Best Credit Union, Albuquerque Journal Readers’ Choice


  • 2018 Credit Union National Association Louise Herring Philanthropy-in-Action Member Service Award; Dora Maxwell Social Responsibility Community Service Award
  • 2018: Philanthropist of the Year, St. Vincent Foundation, Santa Fe
  • 2018 Council on Foundations Wilmer Shields Rich Award for Excellence in Communications
  • 2018 Top 25 Innovations in American Government, Ash Center on Democratic Governance and Innovation, Harvard University
  • 2018 National Credit Union Foundation Herb Wegner Memorial Award, Outstanding Organization
  • 2017 U.S. Housing and Urban Development Secretary’s Award for Public-Philanthropic Partnerships
  • 2015 Spotlight on Poverty Ideas for Action Award
  • 2015 BAI-Infosys Finacle Global Banking Innovation Awards – Most Innovative Community-Based Banking Organization
  • 2015 BAI-Infosys Finacle Global Banking Innovation Awards – Innovation in Societal and Community Impact Award

Terry Laudick Individual Awards/Recognitions:

  • 2017 National Association of Industrial Office Properties New Mexico Cleve Matthews Vision Award for Private/Public Partnerships focused on Innovation
  • 2017 Albuquerque Journal Top Workplace Leadership Award
  • 2016 University of New Mexico Presidential Award of Distinction for career achievement, scholarly excellence, leadership in profession, noteworthy public service, and humanitarian endeavors.
  • 2013 National Association of Federal Credit Unions CEO of the Year


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