OTTUMWA, Iowa – Terry Maloy has been named the new president/CEO of Community 1st Credit Union.

Maloy has more than 30 years of experience in marketing and operations and has been with the $170 million CU since 2004 as its vice president of strategic planning. He was instrumental in three credit union mergers, the building of a new branch and leading the effort in the name change and re-branding from "Deere Community Credit Union" to "Community 1st Credit Union," the CU said.

"Community 1st Credit Union has a rich history and tradition for the past 70 years of providing quality financial service to its members," Maloy said. "I am honored and excited for this opportunity to represent the credit union staff and membership as its CEO/President."

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