Three Credit Unions Name New CEOs in the New Year

Matt Mamer will become the new president/CEO of Citizens Equity First Credit Union in Peoria, Ill., next year, the board of directors said.

He will succeed current CEFCU President/CEO Mark Spenny, who plans to retire on May 1, 2021. He started his career at the credit union 27 years ago as a first mortgage origination manager.  After serving as vice president for mortgages and business services and chief lending officer, Spenny was named president/CEO in May 2006.

Under his executive leadership, CEFCU’s assets grew from $2.9 billion and 227,993 members in June 2006 to its current assets of $6.8 billion and 354,874 members.

Most recently serving as COO, Mamer began his career at CEFCU as a member assistant 25 years ago.

As the second largest credit union in Illinois, CEFCU’s 922 employees operate 29 branches throughout the Land of Lincoln and California.

Neil Gordon will take over as the new president/CEO of the $519 million City of Boston Credit Union on Jan. 4.

He succeeds Daniel Waltz, who retired in September, after three years as CBCU president/CEO.

Gordon joins CBCU from the $392 million Millbury Federal Credit Union in Millbury, Mass., where he serves as treasurer and chief financial and operations officer. Before joining the credit union movement, he worked in leadership positions at Fidelity Cooperative Bank and Bank of America.

CBCU’s 90 employees operate eight branches and serve more than 31,000 members.

On Jan. 4, Anna Lo will be president/CEO of the North Jersey Federal Credit Union in Totowa, N.J.

She succeeds current President/CEO Lourdes Cortez, who is retiring after 37 years of service at North Jersey FCU.

After becoming president/CEO in 2005, the credit union’s assets grew from $170 million to its current assets of $273 million.

Lo previously served as president/CEO of the $71.1 million Pacific Transportation Federal Credit Union in Gardena, Calif. She also served as an examiner with the NCUA and the Department of Financial Institutions in California.

North Jersey’s 54 employees operate three branches and serve nearly 24,000 members.