The $966 million Arkansas Federal Credit Union in Jacksonville, Ark., said Monday that Vice President/COO Rodney Showmar will replace President/CEO Larry Biernacki when he retires Aug. 4.
Showmar also was vice president of marketing and business development at AFCU from 2001 to 2008, and prior to that worked as a senior marketing research analyst at Reliant Energy and a senior buyer at Dillard's Inc. He was also the founder of Partygras Party Rentals Inc. in Little Rock.
“Rodney has extensive operations and financial management experience and is just the individual to lead us on our continuing journey of growth and development,” Phillip B. Boudreaux, chairperson of the 95,500-member credit union's board, said in the announcement.
AFCU was founded in 1956 to serve Little Rock Air Force Base. Following nine mergers in the 90s, it now is the state's largest credit union, the announcement said. Biernacki has been president/CEO since 2005.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
