The Novi, Mich.-based Vibe Credit Union announced Friday that industry veteran Chaz Rzewnicki has been named the new president/CEO of the $1.1 billion credit union.
Rzewnicki will replace Allan McMorris, who announced in December 2021 his plans to retire this summer after more than 30 years leading the credit union.
Since 2016, Rzewnicki has been president/CEO of the $626 million Dover Federal Credit Union headquartered in Dover, Del.
Vibe Board Chairman Mike Ivanics said, “After an extensive search, we believe we have found the right person to lead Vibe into the next phase of our growth and service to our community. His passion for providing sound financial services for our membership as well as an excellent work environment for staff makes him the right choice.”
The search was conducted by D. Hilton Associates, Inc.
According to Friday’s statement, Rzewnicki has been in the credit union industry for nearly 25 years when he first started as a 16-year-old co-op student. During his time at Dover, “He spearheaded organizational strategic direction, growth, expansion and technological transformation to drive strategic implementations, including Diversity, Equity and Inclusion Excellence initiatives,” the statement read.
Rzewnicki said, “Vibe CU is an incredible organization with an amazing board and team. I’m both humbled and extremely excited to have been chosen to join such a strong credit union. I look forward to partnering with the board and team to lead Vibe to new heights!”
Vibe’s 240 employees serve a membership of more than 73,000.