Six Credit Unions in Five States Name New CEOs

Ric Ledezma will take over the helm at Soarion FCU from Ryan Ross, who was appointed CEO at University of Kentucky FCU.

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On Oct. 7, Ric Ledezma will become the president/CEO of the $645 million Soarion Federal Credit Union in San Antonio.

He will succeed Ryan Ross, who was recently named president/CEO of the $1.5 billion University of Kentucky Federal Credit Union in Lexington.

Ledezma, who joined Soarion in 2022 and served as its EVP and CFO, has led the credit union’s strategic direction in the areas of credit solutions, risk management and information technology. He holds nearly 25 years of experience in the financial services industry, including working 17 years at the $4.3 billion Human Credit Federal Credit Union in San Antonio, according to Soarian’s prepared statement.

Ric Ledezma

The credit union’s 130 employees run eight locations and serve more than 55,000 members.

In Granite City, Ill., the $457 million Revity Credit Union named John Merritt as its next president/CEO.

He will take over the helm on Oct. 28 and succeed Keith Burton, who is retiring after serving as Revity’s CEO since 2013 and 38 years of service.

John Merritt

Merritt brings more than 25 years of industry experience to his new role. He most recently served as chief strategy officer for the $871 million Bayer Heritage Federal Credit Union in New Martinsville, W. Va. Merritt also has held various executive-level positions at the $873 million Enrichment Federal Credit Union in Oak Ridge, Tenn.

Revity’s 111 employees operate eight locations and serve more than 37,000 members.

The $394 million Sea West Coast Guard Federal Credit Union in Oakland, Calif., has selected Michael Kenny as its next president/CEO.

He will succeed Tom Doherty, who is retiring, the credit union said in a prepared statement.

Michael Kenny

Kenny brings more than 30 years of senior level executive management experience in finance, including nearly a dozen years as vice president of lending for Sea West Coast Guard. Throughout his career, Kenny has also held various positions in investments and lending at Quest Securities and Bank of the West, along with other institutions, according to the credit union’s prepared statement.

Sea West Coast Guard’s 42 employees run two locations and serve 11,564 members.

The board of directors for the $388 million Abri Credit Union in Romeoville, Ill., has named Colleen Brooks as its president/CEO.

She succeeds Brian Cedergren, who retired after 17 years of service at the credit union.

Brooks joined Abri from the $1.5 billion Great Lakes Credit Union in Bannockburn, Ill. She has served as associate vice president of human resources and was promoted to vice president of HR and risk management. Brooks then moved up to SVP of administration.

Abri’s 93 employees operate eight locations and serve 27,000 members.

The board of directors of the $168 million Mid Carolina Credit Union in Lugoff, S.C., appointed Dean Scarborough as CEO.

He succeeds David Mooney, who resigned in May, according to the credit union’s prepared statement.

Dean Scarborough

Scarborough served most recently as Mid Carolina’s vice president of lending.

The credit union’s 45 employees run four locations and serve more than 14,000 members.

The $112 million White Rose Credit Union in York, Pa., appointed Bryan C. Smith as its new president/CEO.

He succeeds Debra A. Kauffman, who retired after a 36-year career with the credit union.

White Rose said in a prepared statement that Smith brings a wealth of experience after serving as the credit union’s finance and security vice president.

The credit union’s 44 employees operate six locations and serve more than 11,000 members.