Credit Unions in Four States Appoint New CEOs
Alan Stoltenberg will take the helm of Nebraska’s largest credit union in January; CEO Gail DeBoer will retire.
The board of directors for Cobalt Federal Credit Union in Papillion, Neb., has named Alan Stoltenberg as its new president/CEO following the January retirement of current President/CEO Gail DeBoer.
DeBoer launched her career at Cobalt, which is Nebraska’s largest credit union, in 1988 and worked in several positions before being appointed president/CEO in 2007. Under her executive leadership, Cobalt’s assets grew from $306 million to $1 billion, while membership grew from 46,769 to 109,952, according to the credit union’s Call Reports.
Stoltenberg currently serves as Cobalt’s chief lending officer. He joined the credit union in 2002.
Cobalt’s 243 employees operate 24 branches.
The $156 million Naveo Credit Union in Somerville, Mass., named Andrea J. White as its new president/CEO last month.
She succeeds Rui F. Domingos who resigned earlier this year, the credit union said.
White previously served as SVP of community banking at Freedom National Bank for nine years. She also held executive positions at Bank RI, Commonwealth National Bank and Flagship Bank.
Naveo’s 30 employees operate three branches and serve 7,540 members.
On Nov. 1, the $69 million Lower East Side People’s Federal Credit Union in New York appointed Aissatou Barry-Fall as its new president/CEO.
She succeeds Maureen Genna who left the credit union in August to become the COO for $845 million NCPD Federal Credit Union in Plainview, N.Y.
Barry-Fall joined Lower East Site People’s as a teller 30 years ago and earned promotions to positions such as fiscal officer, operations manager and CFO.
The credit union’s 23 employees operate three branches and serve a membership of 7,855.
JohnPaul McGee was named president/CEO of the $67 million evergreenDIRECT Credit Union in Tumwater, Wash.
For 11 years, he has held various positions on the board of directors at the $477 million Our Community Credit Union in Shelton, Wash., and previously worked in business development for Cortex North America. He also served as an operations supervisor for Capital Lumber and as a client relationship specialist for Edward Jones Financial Services.
McGee succeeded Edward Danz who retired in June after 32 years of service.
The credit union’s 22 employees operate two branches and serve 5,107 members.