CU Industry Leaders Step Into Expanded Roles

WEST

Jacob Bowman, EVP for the $359 million, West Jordan, Utah-based American United Federal Credit Union, was named a 2022 Forty Under 40 honoree by Utah Business. Bowman has been with American United since 2015, serving as a director and secretary/treasurer for the board of directors, followed by as vice president of lending, before being named EVP in 2021.

SOUTH

The $4.7 billion, Lake Jackson, Texas-based TDECU hired Sheiludis Moyett as SVP, chief marketing officer. In her new role, Moyett will lead and advance the brand, marketing and business development strategy for TDECU. She brings expertise in advertising and brand management, communications, marketing and project management, and gained over 15 years of experience in global and digital marketing for BBVA in Houston. She most recently served as the head of marketing and sales for BBVA in Italy, where she led the launch of the first 100% digital bank from the BBVA Group. She also served as BBVA’s director of digital marketing in Spain, director of brand strategy and global corporate sponsorship, and brand and corporate advertising in the U.S. Moyett holds certifications in Digital Marketing Analytics from the MIT Sloan School of Management and Digital Marketing from Accenture. Additionally, she completed Harvard Business School’s Business of Entertainment, Media and Sports program.

The $223 million, Bowling Green, Ky.-based Service One Credit Union hired Leatrice Butts as a mortgage loan officer. Butts brings more than 16 years of banking experience, including 10 years in mortgage lending, to the credit union. She is a graduate of Leadership Bowling Green Class of 2021 and Leadership Edmonson County Class of 2009, and has served on the 2019 CASA Planning committee and the local Relay for Life committee.

Jim Minge, president/CEO of the $1.8 billion, Arlington, Texas-based Texas Trust Credit Union, was appointed chairman of the Texas Credit Union Commission by Texas Governor Greg Abbott. Minge is serving a six-year term on the commission and will serve in the chairman role until Dec. 31, 2023. As chairman, he will lead the nine-member panel that oversees the Texas Credit Union Department. The Texas Credit Union Commission’s role is to ensure that the state’s 175 chartered credit unions function as a system, and the governor-appointed board works closely with the commissioner of the Texas Credit Union Department, who oversees daily operations of the agency.

CUSOS

The Portland, Ore.-based commercial services CUSO CU Business Group (CUBG) announced a retirement and two promotions.

Larry Middleman, president/CEO of CUBG, will retire at the end of September 2022. Middleman founded CUBG in 2002 and has served as the CEO for 20 years. He also served on the board of the National Credit Union Foundation for six years, rising to the position of board treasurer and chair of the finance/investment committee. He has led training sessions for regulators, written many articles on commercial services and served as a frequent speaker at credit union events. Prior to joining the credit union industry, Middleman had an accomplished banking career and earned his CPA certification.

CUBG’s board of directors chose Justin Conrey to succeed Middleman as president/CEO. Conrey has served as SVP-credit administration of CUBG for the last five years and is currently EVP. Prior to joining CUBG, Conrey led commercial programs at both credit unions and community banks. He also has prior CUSO experience to accompany more than 15 years of experience in commercial lending and providing services to businesses.

CUBG’s board also promoted Rachel Snyder to EVP and COO. Snyder has been with CUBG since its inception in 2002 and will lead the CUSO alongside Conrey.

Patrick Jury, president of Member Enterprise, a CUSO owned by Local Government Federal Credit Union ($3.4 billion, Raleigh, N.C.) and Civic Federal Credit Union ($96 million, Raleigh), was named chairman of the National Cooperative Bank. Jury previously served as CEO of the Iowa Credit Union League, which chose NCB as its banking partner while under his leadership.

Ricky Otey, president/CEO of the $2.5 billion Partners Federal Credit Union in Burbank, Calif., was appointed to the board of directors of Co-op Solutions in Rancho Cucamonga, Calif. Otey succeeds Robert Chavez, who retired from Sandia Laboratory Federal Credit Union ($3.6 billion, Albuquerque, N.M.). Otey’s term will expire in May 2023, when he may stand for election for a full term. Otey joined Partners as president/CEO in October 2021, having previously worked as EVP and COO for Sharonview Federal Credit Union ($1.8 billion, Indian Land, S.C.) starting in 2014. Prior to joining Sharonview, he served at Capital One Bank’s National Association as its Texas State President (2006-2009) and then as Northeast Market Executive (2009-2013). He also spent 16 years with Wachovia and its predecessor First Union in regional and area leadership roles. Otey holds an MBA from Wake Forest University in Winston-Salem, N.C.

TRADES

Denice Schultheiss, director of the Office of Credit Unions at the Michigan Department of Insurance and Financial Services, was appointed to the NASCUS board of directors. Schultheiss has worked for the Office of Credit Unions within DIFS since 1996, where she has participated in various committees and working groups, and made contributions to the development of examination policies, procedures and industry issuances. She has also served on several national workgroups, including NASCUS’ accreditation review team and audit committee, and currently serves as chair of NASCUS’ legislative and regulatory affairs committee.

Please send your People news items to Natasha Chilingerian at nchilingerian@cutimes.com.