This past week, seven credit unions announced promotions, new hires and retirements. In addition, CUNA Mutual Group, Arch Mortgage Insurance Group and La Macchia Group shared news about their executive teams.
WEST
The $2.2 billion Technology Credit Union in San Jose, Calif., hired Mike Floyd as chief credit officer and EVP. An industry veteran, Floyd is responsible for overseeing Tech CU's lending activities and mitigating risk to its loan portfolio. Floyd joins Tech CU with more than 30 years of experience in the banking industry and a strong background in commercial lending.
The $11 billion Golden 1 Credit Union in Sacramento hired Courtney Linn as SVP, general counsel. The addition of an in-house attorney demonstrates Golden 1's commitment to steady growth, and financial strength and stability. Linn will lead strategic corporate legal initiatives throughout the credit union and provide executive management with advice on legal strategies and their implementation.
The $9.8 billion First Technology Federal Credit Union in Mountain View, Calif., promoted Chary Krout (pictured) from vice president to SVP of human resources. In her new role, Krout will continue to provide strategic oversight of First Tech's human resources department as it strives to create an engaging and dynamic employee experience. Krout has more than 15 years of experience in performance management and employee relations.
The $4.3 billion Bellco Credit Union in Greenwood Village, Colo., added two new members to its board of directors: Mark Goodman, president/CEO of Colorado Nut Company and Alejandra “Ale” Spray, marketing director for AMI Mechanical, Inc. Goodman brings significant corporate and governance experience to Bellco. He serves on the boards of Pinnacol Assurance Inc., Xavier University in Louisiana, Young Americans Center for Financial Education and the Denver Scholarship Foundation, among others. Spray brings more than 20 years of experience in the construction industry, including extensive knowledge of marketing and business development. She earned a bachelor's degree in civil engineering from the Western Institute of Technology and Higher Education in Guadalajara, Mexico. She is a graduate of the University of Denver's Latino Leadership Institute Fellowship Program and is the board president of the HCC Colorado's Diversity Leader (formerly known as Hispanic Contractors of Colorado).
EAST
Roger Phipps joined the $2.9 billion Tower Federal Credit Union in Laurel, Md., as vice president of consumer lending. In his new position, Phipps will oversee credit cards, lines of credit and auto, boat and education loans. Phipps comes to Tower from the $1.6 billion Partners Federal Credit Union in Orlando, the credit union for employees and cast members of the Walt Disney family of companies. He held various lending positions at the institution during his four years there, including managing indirect lending and credit administration.
SOUTH
The $4 billion Space Coast Credit Union in Melbourne, Fla., appointed Timothy M. Antonition as president/CEO. Antonition succeeds Doug Samuels, who died suddenly and unexpectedly on May 12, 2017. Antonition, the credit union's EVP and COO, is a 25-year credit union veteran having joined SCCU in 1992. In 1998 Antonition was promoted to vice president of branch sales and services, South Brevard region, and eventually assumed responsibility for all branch operations in 1999.
MIDWEST
David C. Puckett, longtime president/CEO of the $321 million American 1 Credit Union in Jackson, Mich., announced his retirement after 35 years of service to the credit union. Since Puckett took leadership in 1982, the credit union has seen two name changes, six successful mergers, a charter change, growth from around 7,000 members to more than 55,000 members, and expansion from two branch locations to 13 branches.
American 1 EVP Martha Fuerstenau (pictured), who has been with American 1 for 33 years, will replace Puckett upon his December retirement.
VENDORS
Arch Mortgage Insurance Company, a provider of private insurance covering mortgage credit risk inGreensboro, N.C., promoted Valerie Ausband to SVP for field sales. In her new position, Ausband will be responsible for Arch MI's field sales strategies, including the management and coordination of sales, customer relationships and business development for six regions and 70 salespeople across the country.
La Macchia Group in Milwaukee, Wis., a national consulting and design-build firm for financial institutions across the United States hired industry veteran Chris Frain as senior director of business development. Frain brings more than 30 years of experience in business consulting, real estate analysis and acquisition, design, construction and branding to the company and will serve as an integral member of La Macchia Group's business development team.
CUSOs
CUNA Mutual Group promoted Cedric Ellis to EVP, chief human resources officer. Ellis joined CUNA Mutual Group in 2005 and previously served as an SVP. Ellis led the company's plan to reduce health care costs by managing an initiative to build two onsite clinics at CUNA Mutual Group's Madison, Wis., and Waverly, Iowa offices. He also has been instrumental in elevating the company's focus and commitment to diversity and inclusion, which has positively impacted the company's corporate strategy and local reputation.
Please send your People news items to Tahira Hayes at [email protected].
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