It’s official! A woman will appear on the $10 bill beginning in 2020, confirms the US Treasury Department. As explained in the USA Today article, Move over Hamilton! Treasury to put woman on $10 bill
Jack Lew, Treasury secretary, is seeking public opinion on which historic female figure should receive the honor. “We’re going to spend a lot of time this summer listening to people,” commented Lew. A decision will be made in the fall.
The decision now is which woman should appear on the bill?
And that decision is up to you! Help us spread the word and nominate a CU woman to the $10 bill!
We here at aSmarterChoice believe that that the $10 woman could be either Dora Maxwell, Louise McCarren Herring, or Janet Miller: all pioneers in the credit union movement!
Dora Maxwell: was a early credit union advocate in New York. Dora was at the historic Estes Park conference in CO that established CUNA. CUNA has an award named after her that recognizes outstanding credit unions with social responsibility within their communities. The Dora Maxwell Award is presented every year at CUNA’ GAC Annual Meeting in Washington D.C.
Louise McCarren Herring: was an early credit union pioneer in Ohio but is best known as the ‘Mother of Credit Unions.’ Louise was at the Estes Park conference as well. Louise further elevated her credit union advocacy by establishing the private National Deposit Guaranty Corporation, now know as the American Share Insurance. Louise lead the Ohio Credit Union System and KEMBA in Cincinnati. Louise was inducted into the National Cooperative Business Association’s Co-op Hall of Fame in 1983. CUNA presents an the Louise McCarren Herring Lifetime Achievenemt Award to individuals who have greatly contributed to the advancement of the credit union movement.
Janet Miller: was the first woman to board chair for CUNA and the Colorado Credit Union System. She was AAFCU’s president/CEO prior to becoming CUNA’s chair. Janet even testified before Congress in 1991 about the major differences between credit unions and the banking system, as part of Operation Grassroots. Janet’s testimony contributed to the defeat of proposed Deposit Insurance and Regulatory Reform Act of 1991. Janet also contributed to the creation of Suncorp Corporate CU and the CO CU League Foundation. Furthermore, Janet was the first honorary chair of the Filene Research Institute.
These credit union women sure have the resume to prove why they deserve to be the new face of the $10 bill.
Now it’s your turn! Let Jack Lew and the Treasury know that they should be elect one of these woman to be the new face of the $10 bill. Nominate one of these outstanding woman by using the hashtag #TheNew10 on Twitter. Please tweet your vote to #TheNew10
So, who will you vote for? Let us know! And let us help the credit union movement, like Dora, Louise, and Janet did!