Columbia Credit Union Appoints Interim CEO
Linsdey Salvestrin takes over the helm after the retirement of Steve Kenny.
The board of directors for Columbia Credit Union appointed Lindsey Salvestrin as interim CEO following the retirement/resignation of Steve Kenny, the Vancouver, Wash.-based financial cooperative said Thursday.
Kenny joined Columbia in 1987 and became its president/CEO in 2009.
During his CEO tenure, assets grew from $754 million to $2.2 billion, while loans increased from $620 million to $1.6 billion and membership expanded from 63,936 to 107,806, according to NCUA Call Reports.
Salvestrin joined Washington’s ninth largest credit union by assets in 2000 as SVP for service delivery and project management. She also served as chief experience officer and was named SVP and COO in 2016, according to her LinkedIn professional profile page. Last year, Salvestrin was promoted to EVP.
“Lindsey and Columbia Credit Union’s senior leadership team have the board’s full support and confidence as they continue with our people and community-centric strategic direction,” Columbia Board Chair Joe Vance said in a prepared statement. “We wish Steve the best in his retirement plans and thank him for his years of service to Columbia Credit Union’s membership and their communities.”
The board has formed an ad hoc committee to search for a new president/CEO.
Columbia’s 308 employees run 14 locations in Washington and two locations in Oregon.