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Seven Credit Unions in Seven States Appoint New CEOs

Michelle Balog will take over the helm at NuMark CU in March for the retiring Lloyd Fredendall.

By Peter Strozniak | November 12, 2024 at 05:00 PM

Michelle Balog will become the next president/CEO of the $829 million NuMark Credit Union in Joliet, Ill., in March.She will succeed Lloyd Fredendall, who plans to retire following more than 30 years in the credit union movement.

Michelle Balog

Balog joined the credit union in 2008 and currently serves as EVP and general counsel. She previously served as EVP at Bank Chicago and was an adjunct faculty member for St. Xavier University.NuMark CU’s 166 employees run 13 locations and serve more than 62,000 members.Tony Dees has been appointed president/CEO of the $663 million Rio Grande Credit Union in Albuquerque, N.M.He succeeds Christine Dawe.

Tony Dees

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