Tennessee, Missouri CUs Appoint New Leaders
Laura Parham to succeed CEO Marvin McBee of Heritage South Community CU who plans a 2019 retirement.
Credit unions in Tennessee and Missouri recently announced new CEOs.
Laura Parham, executive vice president and chief operating officer for the Heritage South Community Credit Union, will succeed Marvin McBee who plans to retire March 31, 2019, the credit union said.
Formerly EPCO Credit Union, located in the Empire Pencil Co. plant in Shelbyville, Tenn., McBee became the third president/CEO of the select employee group credit union 36 years ago. Under his leadership, the credit union’s assets grew from $1 million to its current $207 million, while membership increased from 500 to nearly 25,000. McBee also expanded the number of employees from just one staffer to more than 80 and opened five branches.
Parham joined the credit union in 1984 and has held various positions before becoming COO. She previously worked for Bedford County Bank.
“We have the original owners and management of Empire Pencil Company to thank for the existence of Heritage South Community Credit Union, but the members and staff have Marvin McBee to thank for the contributions of this credit union to our community,” Parham said. “Without Marvin’s vision, tenacity, and commitment to innovation there would not be a Heritage South as we know it today.”
The $138 million Greater KC Public Safety Credit Union in Kansas City, Mo., appointed Mary Shea as its president/CEO.
She succeeded long time President/CEO Aaron Goff.
Shea began her career with GKCPSCU in 1988 serving in various roles during her tenure and contributing to the development of the credit union’s mortgage department.
Over the last 13 years, Shea served as the executive vice president and chief operations officer, overseeing strategic planning, marketing initiatives, communication services, lending and payment services.
GKCPSCU operates five branches and serves nearly 12,000 members in Kansas and Missouri.