Jerry Walters
Indiana Credit Union Hall of Fame Inductee 2016

Jerry Walters
Jerry Walters
Credit unions have always been a part of Jerry’s life. As a boy, he watched his father’s involvement in International Harvester Credit Union in Benham, KY. Jerry has been a board member of Harvester Financial CU in Indianapolis since 1977, and he has been chairman since 1979. He has overseen a merger as well as the construction of two headquarter buildings and a successful branch in Shelbyville. Jerry’s tenure occurred at a time when many thought the credit union would not survive. There were delinquencies and loan losses that were, in Jerry’s words “sky high,” as the membership fought through the longest strike in UAW history and the most massive layoff in the auto industry. The credit union pulled through these downtimes and is stronger today. Jerry has served the credit union industry nationally since 1982 as a board member of the Combined Council of America’s Credit Unions, an organization that facilitates and promotes education for management, directors, supervisory and audit committees and which advocates for regulatory and legislative issues on credit unions’ behalf.
Jerry has always been an active credit union volunteer, attending many legislative events, interacting with legislators at the state and federal level and visiting Washington, D.C. on countless occasions to represent credit union interests on Capitol Hill. He was also active in leadership of the Central Chapter, and he organized the first Executive Luncheon, an event the chapter still holds. He was the League’s Leadership Achievement Award recipient in 2011, and he is also a Kentucky Colonel and a Tennessee Squire. Jerry is involved in numerous organizations outside the credit union business including the Masonic Lodge, where he is a past master, the Murat Temple, Eagles and the Tennessee Outdoorsman conservation group.

Award Criteria

METHOD: The Awards Committee may select one person based upon the criteria relating to credit union, chapter, League, national, volunteer and community activities. Due to the criteria and qualification process, the Hall of Fame Award may not be presented every year. Nominations may be submitted by the Awards Committee or board of directors of any chapter or credit union in Indiana by completing a nomination form and returning it by the deadline. A Personal Data Form will be sent to each nominee.

RECOGNITION: Induction into the Hall of Fame takes place at the League’s annual convention. A photo-etched plaque of each inductee will also be displayed in the Credit Union Hall of Fame, located in the League office.

ELIGIBILITY: Any person who has given long-term paid or volunteer service to the credit union movement is eligible. The immediate past chairman of the Indiana Credit Union League automatically will be considered for the Hall of Fame. Current directors and employees of the League and Servicecorp are not eligible to receive the award.

CRITERIA: To be inducted into the Indiana Credit Union Hall of Fame, the recipient must:

  • be a volunteer, employee and/or member of a credit union that is a member of the League.

  • have served on the League board, a League committee, as a chapter official and/or on the national level.

  • have selflessly given exceptional time, effort and talent to the betterment of the Indiana credit union movement.

  • have served, assisted or been involved in the credit union movement for more than 20 years.

  • be in good standing in the community.

  • understand and personify the credit union philosophy of "People Helping People," promote the credit union ideal and actively demonstrate loyalty to the entire organized credit union movement.

  • have demonstrated organizational leadership, high professional standards, volunteer contributions to the movement and technical innovations in credit union service.

Past Winners



Jerry Walters

Jeffrey McComas
George McNichols


​Lori Gonzalez
Ruth Jenkins
Lamoura Munse
Robert "Smokey" Stowers

2013 ​Ron Mazur
2012 ​Millie Cox
Loren Roth
2011 Norm Blum
Ron Collier
Sandy Heller
2009 Ann Garmon
2008 Jenny Budreau
Bruce Ingraham
Carol Stanley
2007 Angela Dufour
Mike Hussey
Ron Linstromberg
Ralph Marvel
2006 Ed Meyer
Barbara Berghoff
2005 Gary Irvin
Roger Sepanski
2004 William Connors
Shirley Wilhelm
2002 Trent Kerr
2000 Ronald Budzinski
John Jeter
1998 Randy Glassburn
Donna Hasty
1997 William F. Hannah
1996 Loretta Burd
F.E. Maxwell
Dan Schoenherr
1995 Richard J. Devine
Leo Kaminsky
1994 Americo (Bill) Borgetti
Jerry Yerkes
1993 Bruno J. Setlak
1992 ​Anthony J. Alt
Larry Zehrung
1991 ​Rudy J. Rossi
1990 S.M. (Pete) Crear
Judy M. James
Michael H. Phipps
Robert W. Pogue
Robert D. Swem
Paul Aimone
W. Lloyd Alsman
Leona Bruno
E.E. Barnbrook
James A. Barney, Sr.
Gregory L. Blount
Walter Campbell
Clarence Clarkowski
Richard V. Cleaver
Jim Coffin
S.P. (Sal) DeMao
Kenneth C. Duncan
Robert H. Gard
Earl Hardy
Waymon B. Hawkins
E.R. (Tony) Hile
W. A. Hinze
Harry B. Holloway
Morton E. Jester
Charles W. Jones
Ruth E. Kelly
Laurence B. Kilburn
W.G. (Bill) Kirby
Maxwell A. Meise
Clarence E. Oldham
Ralph N. Phelps
L. S. Poliquin
Richard J. Rice
Fred Robinson
Harold E. Short
Logan K. Smith
Michael Verkuilen
William R. Warner
Douglas Yoder
William H. Yohler

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