The $796 million Great Lakes Credit Union in Bannockburn, Ill., announced Friday that Steven J. Bugg will become its new president/CEO on May 21.
He will succeed former President/CEO Vikki Kaiser who retired last October after 25 years of service at GLCU.
For more than a decade, Bugg held executive positions at the $549 million Heritage Federal Credit Union in Newburgh, Ind., where he most recently served as its executive vice president He previously worked as HFCU's chief marketing and member service officer and as vice president of marketing and business development.
He began his career in banking and holds professional experience in consumer, indirect, mortgage and commercial lending, and branch management.
Bugg also worked in the telecommunications industry, where he was responsible for marketing, alternative distribution, strategy, sales and operations for several organizations.
GLCU operates 11 branches throughout the Chicago area and serves more than 86,000 members.
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
© 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.
