Herb Wegner, president of CUNA from 1971-78, has been posthumously inducted into the Cooperative Hall of Fame. While CEO of CUNA, Wegner spearheaded the successful campaigns that ultimately enabled credit unions to provide checking accounts, credit cards, IRAs, and mortgages. Wegner died in December of 1987.
Herb Wegner's efforts not only advanced credit unions," noted CUNA CEO Dan Mica, "He also opened the entire U.S. financial industry to competition that would benefit cooperatives and consumers for decades."
The event was at the National Press Club, where Mica presented a plaque to one of Herb Wegner's sons, Steve. CUNA Senior VP Pete Crear was the master of ceremonies for the evening, at which four people were inducted. Wegner's two sons, daughter and his former wife, since remarried, were all on hand.
