Houston-Based Credit Union Taps New CEO

Members Choice Credit Union (MCCU), headquartered in Houston, named Luke Billeri as its new CEO earlier this month. The promotion came after Billeri spent more than 20 years working in the credit union universe.

Billeri stepped into his new role at MCCU ($730 million in assets, 46,089 members) on Jan. 1 after Randy Theilig stepped down following his announced retirement. Theilig had led MCCU since 2016.

According to a statement from MCCU, Billeri has a long credit union history and expertise in retail, lending and financial management that spans more than two decades.

Billeri joined MCCU in 2020 as its chief lending and retail officer. In 2022, he was promoted to EVP.

MCCU Chairman of the Board Johnny Williams said, “During his time at Members Choice, Luke has shown to be a proven strategic leader and a strong addition to the current executive leadership team. His entrepreneurial and business-building competencies will lead MCCU into the future as we continue our vision to be the most member-centric credit union. Luke is driven by principles that have motivated him to lead the way for the credit union movement, and his strategic revenue vision will lend itself to MCCU’s continued success.”

According to MCCU, Billeri’s tenure at the credit union has focused on strategy and service while championing many member-focused initiatives such as the “Helping Heroes” Savings Program to provide additional member benefits to individuals working in heroic professions such as education, law enforcement, first responders and health care.