Justin Olson Justin Olson

After a nationwide search, officials with the $3 billion Utah Community Credit Union (UCCU) announced on Monday that Justin Olson was selected as the credit union's president/CEO. Olson will begin his leadership duties this week.

Olson, who has been with UCCU for more than two decades, takes over from Bret VanAusdal, who retires this week after 28 years of service with the credit union, including the past six years as president/CEO.

In a prepared statement, Olson said, "I'm thrilled to lead UCCU into the future as we set the stage for continued growth and expansion. Through executing the credit union's strategic plan, I believe UCCU can help even more members reach their financial goals while making a meaningful impact on the lives of the people and communities we serve."

According to Monday's announcement, the search for a new UCCU leader was facilitated by executive search and placement firm DDJ Myers.

UCCU Board Chair Linda Makin praised the selection of Olson. "Justin's background, education, experience, and skills have uniquely prepared him to lead UCCU into the future," Makin said. "Beyond his innovative mindset, strategic foresight, and ability to leverage technology to enhance operational efficiency and member satisfaction, he has developed a reputation for integrity, dedication and excellence that extends beyond our credit union's walls, earning him admiration and trust from various stakeholders."

UCCU is headquartered in Provo, Utah and has nearly 250,000 members, according to NCUA Call Report data.

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Michael Ogden

Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.