Credit Unions in Seven States Name New CEOs

Lee Spivey became the president/CEO of the $457 million River Valley Credit Union on Wednesday.

He succeeded John Bowen, who stepped down after 29 years of service, the Miamisburg, Ohio-based financial cooperative said.

Spivey, who held various leadership roles at the credit union, most recently served as SVP and CFO.

“Lee Spivey’s appointment marks an exciting new chapter for River Valley Credit Union,” Board Chair Dan Gorman said. “With his extensive experience and proven leadership in the credit union industry, we are confident in his ability to lead us into the future.”

River Valley’s 87 employees run seven locations and serve more than 26,000 members.

Michele Williams has been appointed president/CEO of the $293 million Members First Credit Union of Florida in Pensacola.

She succeeds Caryl Greene, who retired after 38 years of service.

“It is with mixed emotions that we announce Caryl’s retirement,” Board Chair Theresa McCants said. “She leaves behind a legacy of integrity, leadership and dedication to our members and employees. Her vision has guided Members First through times of growth and challenge, and we are grateful for her unparalleled commitment.”

Williams has previously served as EVP and COO at the credit union for many years.

Members First’s 83 employees run seven locations and serve more than 20,000 members.

Dorothy Voorhees was named interim president/CEO of the $164 million Sentinel Federal Credit Union in Ellsworth Air Force Base, S.D., following the resignation of Keith Robbennolt, the financial cooperative said.

Voorhees joined Sentinel in 2018 as its CFO. She previously worked as secretary-treasurer for First Western Federal Savings Bank and as an accounting manager for the $2.3 billion Black Hills Federal Credit Union in Rapid City, S.D.

Sentinel’s 52 employees run seven locations and serve more than 9,300 members.

Brian Resch will become the next president/CEO of the $121 million Horizons North Credit Union in Westminster, Colo., on May 15, the board of directors said.

He will succeed Bradley H. Harvey who is retiring.

Resch joins Horizons North from the $1.7 billion Premier Members Credit Union in Boulder, Colo., where he served as its EVP of consumer banking. He also previously served as president/CEO for the $409 million On Tap Credit Union in Golden, Colo., and the $114 million Credit Union of the Rockies, also based in Golden.

Horizons North’s 21 employees operate a branch and serve nearly 7,000 members.

James Carroll has been named interim president/CEO of the $111 million City Employees Credit Union in Knoxville, Tenn.

He succeeded Larry Pressley who retired May 1 after 31 years of service to the credit union movement.

“Thanks to the diligent work of Larry, the staff and volunteer board members, we are proud to say we are one of the oldest and still rated as one of the safest financial institutions in the country,” Board Chair Chris Cunningham said. “CECU has received national recognition for performance, including being named by S&P Global Marketing Intelligence Group as #24 in the nation for Best Performing Credit Union in 2022.”

Carroll most recently served as the credit union’s vice president of finance.

City Employees’s 23 employees operate four locations and serve more than 8,500 members.

Dan Picard has been appointed president/CEO of the $59.4 million PCT Federal Credit Union in Westham, Mass.

He succeeded Brian Bacci.

“We are excited to have Dan lead our credit union with a futuristic vision of success,” Board Chair John Grondin said. “With his extensive background in the credit union field, we are confident he will serve our members well.”

Picard holds more than 30 years of experience in financial services. He previously served as SVP of lending operations at the $1.8 billion Hanscom Federal Credit Union on Hanscom Air Force Base, Mass., and as consumer lending manager for the $582 million City of Boston Credit Union.

PCT’s 10 employees run two locations and serve more than 3,800 members.

Cinnamon Elliott has been named the next president/CEO of the $24.7 million Priority Plus Credit Union in Wilmington, Del., the board of directors said.

She will succeed Susan Winward, who is retiring after 30 years of service to the credit union movement.

Elliott previously held leadership positions at the $703 million Dover Federal Credit Union in Dover, Del., where she served as its chief talent officer, assistant vice president of member experience, and director of sales and service, according to her LinkedIn page.

“We are excited to have Cinnamon join our team at Priority Plus FCU as our new CEO,” Priority Plus Board Chair Bob Wilkerson said. “With her many years of experience and knowledge working for credit unions, Cinnamon will help grow and strengthen Priority Plus. She brings new energy and ideas, and our staff and board of directors look forward to working with her.”

Priority Plus’s five employees operate one location and serve nearly 2,000 members.