4 Credit Unions Name New Leaders

Cameron Minges will become president of Financial Center First Credit Union in the New Year.

New credit union leadership announced. (Image: Shutterstock)

On Jan. 1, Cameron Minges will become president of the $647 million Financial Center First Credit Union, the board of directors for the Indianapolis-based financial cooperative said.

J. Kevin Ryan, current president for Financial Center First, will continue to serve as CEO.

Minges joined the credit union in 2013 as chief strategy officer.

Cameron Minges

Before joining the credit union, he served as EVP of the $997 million Vantage Credit Union in Bridgeton, Mo., chief innovation officer for the $1.6 billion Forum Credit Union in Indianapolis and chief information officer for the $1.7 billion Centra Credit Union in Columbus, Ind.

Financial Center First’s 157 employees operate eight branches and serve more than 70,000 members.

The $342 million Olean Area Federal Credit Union in Allegany, N.Y., named Richard Yeager as its president/CEO.

He had been serving as interim president/CEO since August when he replaced Stephen Foster.

Richard Yeager

Yeager joined the Olean Area FCU in 2012 serving as vice president of lending. He also held senior leadership positions at other local financial institutions for more than 25 years, according to Olean Area.

The credit union’s 66 employees operate three branches and serve more than 19,000 members.

The $63 million Columbine Federal Credit Union in Centennial, Colo., appointed Arick Williams president/CEO.

He succeeded John Faries who served as president/CEO for nine years. He left the credit union in August to become CFO for the Pivot Lending Group in Littleton, Colo.

Arick Williams

Williams was hired by Columbine FCU in 2011 as vice president of lending. Before joining the credit union, he served as an assistant branch manager for the $631 million Oklahoma’s Employees Credit Union in Oklahoma City.

Columbine FCU’s 17 employees operate two branches and serve nearly 7,500 members.

The $25.9 million Mills42 Federal Credit Union in Lowell, Mass., appointed Derek Cronin as its new president/CEO.

He succeeds Carla Rasetta who served as Mills42’s president/CEO for 10 years and previously worked as its vice president of operations for more than six years.

Derek Cronin

Previously, Cronin served as CEO of the $13 million Beverly Municipal Federal Credit Union in Beverly, Mass. He also worked as an assistant branch manager for the $296 million St. Jean’s Credit Union in Revere, Mass., and as a teller manager for Eastern Bank.

Mills42’s eight employees operate two branches and serve a membership of nearly 3,000.