CEO Plans Departure From Missouri Credit Union in May

Loretta Roney, president/CEO of Volt Credit Union in Springfield, Mo., will leave her post in May after nine years of service.

She has accepted the CEO position at InCharge Debt Solutions and InCharge Education Foundation, a national non-profit based in Orlando, Fla.

“During her tenure, Loretta has led our organization with passion, integrity and an unwavering commitment to excellence.” Volt Board Chair Bill Jameson said in a prepared statement. “Her vision and leadership have helped us to achieve significant growth and success, and we are grateful for her many contributions. On behalf of the board, I would like to express our sincere gratitude to Loretta for her outstanding leadership and wish her all the best in her future endeavors. We are confident that she will continue to make a significant impact in whatever she chooses to do next.”

Since Roney became Volt’s CEO in May 2014, the credit union grew assets from $59.2 million to its current assets of $90.4 million, while loans increased from $22.4 million to $61 million.

Under her leadership, the nearly 90-year-old financial cooperative rebranded from Community Financial Credit Union in 2018. She also led a $2.5 million investment in a new headquarters and second Springfield branch.

Volt’s 22 employees serve more than 7,000 members.

The credit union has hired Cornerstone Resources to conduct a search for Roney’s successor.