David Snodgrass will take over as the new president/CEO of the $1.6 billion Lake Trust Credit Union in late October.
The Lansing, Mich., credit union said Snodgrass, now executive vice president/chief strategy officer at the $2.1 billion Affinity FCU in Basking Ridge, N.J., has been chosen by the Lake Trust board to succeed CEO Stephan Winninger and President William Thiess.
Both are retiring after leading the creation of the 153,000-member Lake Trust through the 2010 merger of Thiess' Detroit Edison CU and Winninger's NuUnion CU.
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