VyStar Executive Named New CEO of Oregon State CU

A cross-country career move is on the horizon for Gary Schuette II, chief financial performance officer for VyStar Credit Union in Jacksonville, Fla. – executive recruitment firm D. Hilton Associates announced Wednesday that he has been selected as president/CEO of Oregon State Credit Union.

Schuette will succeed current CEO Richard Hein, who announced last April that he planned to retire in Spring 2024 after 24 years at the helm of the $2.1 billion, Corvallis, Ore.-based credit union.

“We believe the future is bright here at Oregon State Credit Union,” Board Chair Kelley Kaiser stated. While we will miss Rick, Gary has a long-standing track record of success throughout his career, and we believe he will continue the growth and success of our credit union for years to come.”

Schuette brings more than 19 years of experience in financial services to Oregon State CU. Before taking on various positions at the $13.5 billion VyStar, where he has focused on financial performance and growth strategies, he served as vice president of financial risk management and strategy at the $4 billion, Raleigh, N.C.-based Local Government Federal Credit Union. He is a graduate of Virginia Tech as well as a Chartered Financial Analyst, and holds the Certified Chief Executive and Certified Innovation Executive Designations from the CUES CEO Institute and CUES Strategic Innovation Institute, respectively.

“I look forward to working with Oregon State Credit Union’s Board of Directors and employees as the credit union continues to grow and provide outstanding products and services for its membership,” Schuette said.