WYOMING, Minn. -

CU Recovery and The Loan Service Center — a collections resource for credit unions to minimize losses on their delinquent active loan portfolios and maximize recoveries on charged-off loans — recently announced the eight recipients of scholarships to its fall 2016 Collection Academy.

The company chose the honorees based on their submissions about the goals of their collection department and how their professional development would help achieve those objectives. The eight credit union recipients were:

—GerieLin Carpenter from Lander, Wyo., Atlantic City Federal Credit Union

—Joshua Hansen from Jonesville, Fla., Campus USA Credit Union

—Jennifer Herniak from Marion, Ind., Via Credit Union

—John Huddle from Cherryville, N.C., Carolina Federal Credit Union

—Becky Ives from Yreka, Calif., Suskiyou Central Credit Union

—Josh Nelson from Bynum, Ala., AOD Federal Credit Union

—Penny Spradley from Cherryville, N.C., Pelican State Credit Union

—Chris Wagner from Independence, Mo., City Credit Union

Recipients will receive Collection Academy tuition, lodging at the host hotel, and will be recognized during the two-and-a-half-day conference. The CU Recovery Collection Academy is held in October of each year and is a resource for continuing education to assure the success of credit union collection departments in meeting their member service and delinquency reduction goals.

“With humble gratitude and honor, from the bottom of my heart, I am truly grateful. Thank you very much for such a wonderful opportunity,” Spradley said.

CU Recovery vice president of sales and service Wendy Elieff described the process of choosing the winners who received a total of $7,200 in scholarship funds.

“The quality of the submissions was so exceptional this year that it was difficult to choose. Each of the winners demonstrated a commitment to professional development as a way to better serve their credit union members resolve debt,” Elieff said.