Two major credit unions announced leadership changes this week, with the Spokane, Wash.-based STCU appointing Lindsey Myhre as its new president/CEO, and Southland Credit Union in California preparing for the 2026 retirement of longtime CEO Tom Lent.
The STCU Board of Directors unanimously named Myhre to the role, recognizing her 25-year career at the 300,000-member credit union, which she joined in 2000 as an accounting assistant.
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“We couldn’t be happier that Lindsey has accepted this position,” STCU Board Chair Steven Jones said. “Lindsey stands out as uniquely prepared for the top position.”
Myhre previously served as CFO and EVP, overseeing finance and human resources. She will become the first woman to lead STCU and succeeded the role after serving as interim CEO since May.
“My journey reflects STCU’s commitment to leadership development,” Myhre said. “It’s been a thrill to watch this organization grow. We’re just getting started!”
STCU, which now operates 50 branches, recently completed a merger with Community Bank, expanding into Oregon for the first time.
Meanwhile, Southland announced that Tom Lent, its CEO since 2016, will retire next year after more than four decades in financial services. Lent oversaw the credit union’s growth from $618 million to $1.3 billion in assets, expanded its reach across Los Angeles and Orange counties, and led successful mergers with Harbor and Allied Healthcare Federal Credit Unions.
“Tom’s steady leadership and passion have left a lasting impact,” Southland Board Chair Thomas Willingham said. “We wish him the very best.”
Lent said he feels “pride in what we’ve accomplished and confidence in the future of Southland.” The board has hired McDermott + Bull to search for his successor.
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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.
