Jay Champion Named CEO of Workers Credit Union
After serving as interim CEO for nearly a year, he succeeds Doug Peterson, who retired after 27 years of service.
Jay Champion has been appointed the president/CEO of the $2.6 billion Workers Federal Credit Union in Littleton, Mass.
Champion has served as the credit union’s interim CEO since last July, hailing from Denver, where he served as president/CEO of the $2.1 billion Westerra Credit Union. He succeeded Doug Petersen, who retired after 27 years of service.
“Jay is a seasoned financial leader and has the skills needed to maintain our team’s delivery of top-notch member service,” Workers Board Chair Nilesh Gunda said. “In less than a year, Jay has made a positive impact on Workers Credit Union and our mission to empower our members to achieve financial wellness. We’re confident in Jay’s ability to continue advancing our goals while being an innovative leader to help the credit union continue to thrive.”
Champion was CEO of Westerra for more than four years. Before taking over the helm there, he worked as COO for the $3.4 billion Elevations Credit Union in Boulder and was chief lending officer for the $2.2 billion Texans Credit Union in Richardson.
Before joining the credit union movement in 2005, he held several leadership positions in the banking industry.
Workers’ 325 employees operate 18 locations and serve more than 123,000 members.