During the first quarter of the year, 11 credit unions in South Carolina, Michigan, Tennessee, California, Wyoming, Virginia, Minnesota, Arizona and Massachusetts publicly announced the appointment of a new president/CEO.
The board of directors for the $732 million SRP Federal Credit Union in North Augusta, S.C., announced the appointment last week of Harry Gunsallus as its new president/CEO.
He will succeed current President/CEO Ed Templeton, who plans to retire in July after 29 years of service.
Gunsallus is currently an executive vice president at the $4.2 billion Redstone Federal Credit Union in Huntsville, Ala. He also serves as president/CEO of the Redstone Consulting Group, the credit union's CUSO. With more than 25 years of professional experience, he held senior executive level positions at major banks, startup banks and two credit unions.
On April 1, Patrick Spyke became the president/CEO of the $600 million LAFCU in Lansing, Mich.
He replaced Robin Frucci, who retired after more than 30 years of service.
Spyke, who has served as executive vice president at LAFCU since 2013, holds 35 years of financial industry experience working in operations, regulatory compliance and government relations, sales and service, marketing, and as president/CEO of the $88 million Parkside Credit Union in Livonia, Mich.
Craig Peters was promoted from executive vice president to president/CEO of the $422 million Enrichment Federal Credit Union in Oak Ridge, Tenn., on April 1.
He succeeded M. Wayne Hope, who retired after a 39-year career with Enrichment.
Peters joined the credit union in 2013 after working 30 years as a CPA in the financial services industry, where he was involved extensively in credit union consulting and auditing.
Matthew L. Lahman was named president/CEO of the $163 million KALSEE Credit Union in Lansing, Mich., on April 1.
He replaced President/CEO Rudy T. Callen, who retired.
Lahman has served as COO at KALSEE since 2010. Before joining the credit union, he worked as vice president of lending at the $682 million Consumers Credit Union in Kalamazoo, Mich., and served for 13 years as an assistant vice president and site manager for another financial services institution.
Matthew Herbert (pictured) was named president/CEO of the $1 billion Northrop Grumman Federal Credit Union on April 1, making him the fifth leader of the Gardena, Calif.-based cooperative since it was founded in 1946.
He replaced President/CEO Stanley R. Swenson, Jr.
Herbert joined NGFCU in 1980 and has worked in or managed virtually all aspects of the credit union's operations.
The $36 million River-Rail Community Federal Credit Union in Casper, Wyo., appointed Tyler Disburg as its new president/CEO this month.
He replaced President/CEO Vickie Nelson, who retired.
Disburg previously served as senior director of strategic partnership at Credit Union Student Choice in Washington. He has won several awards throughout his career, including 13 CUNA Diamond awards for excellence in marketing and four Golden Mirror awards.
Christopher M. Shockley (pictured) became president/CEO of the $2.9 billion Virginia Credit Union in Richmond, Va., on March 31.
He succeeded Jane G. Watkins, who retired after 34 years with the credit union. She served as its president/CEO for 16 years.
Shockley joined VCU in 2003 after a 14-year career in retail banking in Virginia and North Carolina. He was appointed executive vice president at the credit union in 2007 and was responsible for branches, member services, consumer and real estate lending, business services and auxiliary financial services.
Doug Hallstrom was named president/CEO of the $237 million Minnco Credit Union in Cambridge, Minn., on March 28.
He replaced President/CEO Steven D. Oien.
Hallstrom previously served as the credit union's executive vice president and COO and holds more than 25 years of management experience.
The $125 million Saginaw Medical Federal Credit Union in Saginaw, Mich., appointed Laura A. Crase (pictured) as its president/CEO on March 7.
She replaced Missey Kelly, who retired after serving 40 years as president/CEO.
Crase joined Saginaw Medical as chief lending officer in March 2015. She holds more than 20 years of experience in the credit union industry. Crase also managed and owned an insurance agency for more than five years prior to joining the credit union.
Eric Renaud was named president/CEO of the $466 million Pima Federal Credit Union in Tucson, Ariz., on Feb 1.
Renaud joined Pima FCU in December 2011 as CFO and has served as the credit union's interim president/CEO since October 2015.
He replaced President/CEO Nathanael Tarwasokono.
The board of directors of the $530 million Freedom Credit Union in Springfield, Mass., appointed Glenn S. Welch as its president/CEO on Jan. 4.
He succeeded Barry F. Crosby, who retired. He served as president/CEO since 2003.
Most recently, Welch served as executive vice president of Berkshire Bank following its acquisition of Hampden Bank. Prior to that, he was president/CEO of Hampden Bank for two years before the Berkshire Bank acquisition. He also served as vice president for the middle market banking group at Fleet Bank.
© 2025 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.