A. Scott MacKnight will become the president/CEO of the Triangle Credit Union starting in January 2019, the Nashua, N.H.-based cooperative said earlier this week.
He succeeds Maurice Simard who will retire at the end of December after serving for 34 years as president/CEO.
During his leadership tenure, Triangle CU has grown in assets, loans and members. The credit union currently manages $676 million in assets and serves more than 55,000 members. It is New Hampshire’s fourth largest credit union.
MacKnight joined the credit union more than 24 years ago, advancing his career from teller to staff accountant and vice president of finance and controller. He now serves at CFO.
“Scott’s breadth of knowledge from his longevity at Triangle gives him a unique understanding of our members’ needs and how they must be served,” Simard said. “I have full confidence that Scott will take Triangle Credit Union to the next level of growth and advancement, and wish him well as he begins the transition to his new role.”
Eileen Rivera, president/CEO of the SkyOne Federal Credit Union in Hawthorne, Calif., announced last month she plans to retire in November.
The board of directors has launched a search for her successor.
She joined SkyOne FCU more than three decades ago and has served as CEO for the past 26 years.
Rivera led SkyOne FCU through numerous strategic initiatives, including expanding its charter, rebranding the credit union and overseeing five mergers that helped grow membership from 23,000 to more than 36,000 and increased assets from $113 million to $471 million.
“During my time at SkyOne, I was privileged to work with many talented colleagues in the industry,” Rivera said. “And as the financial services landscape continues to evolve, I’m confident credit unions will continue to thrive and be the better alternative to members.”