The $179 million Pioneer West Virginia Federal Credit Union in Charleston, W.Va., said Tuesday that President/CEO Dana Rawlings will retire Sept. 30.
His successor at the 17,300-member Pioneer will be EVP/CFO Dan McGowan.
McGowan was recruited by Rawlings two months after his own hire and they are credited with turning around what was then an underperforming institution, the credit union's board said in the announcement.
Under their leadership, assets grew by 38%, earnings exceeded $3 million over the past four years while record loan growth was recorded, according to Pioneer. Three mergers and a rebranding campaign were also completed.
NAFCU named Pioneer “Credit Union of the Year” in 2012, while Rawlings received the trade group's “CEO of the Year” honor in 2013.
McGowan was named a Trailblazer CFO of the Year in 2009 by CU Times while he was with Envision Credit Union in Tallahassee, Fla., as well as a NAFCU's 2011 “Professional of the Year” and winner of the CUES “Exceptional Leader” award in 2012.
Rawlings, and wife, Nancy, will be retiring to Tucson, Ariz., where he will remain active in the credit union community, the credit union's announcement said.
Nominations are now being accepted online for the 2015 Trailblazer Awards.
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