This past week, six credit unions announced new hires and promotions. Plus, one credit union announced the retirement of its long-time CEO.
EAST
The $3 billion Service Credit Union in Portsmouth, N.H., promoted two employees.
Fawn Terwilliger was promoted to chief lending officer. As Service CU’s chief lending officer, Terwilliger will be responsible for all aspects of lending including the special accounts department. Terwilliger joined the credit union in 2004, and was previously the vice president of lending. She also serves as the EVP of the credit union’s CUSO, Service Financial Advisors.
Dan Clarke was promoted to COO. Clarke joined Service CU in 2008 and has worked within the credit union industry since 1988. In his new position, Clarke will be responsible for leading and managing the credit union’s daily operations, which will include marketing, branching, card services, and the contact centers both in the U.S. and Germany.
The $891 million St. Anne’s Credit Union in Fall River, Mass., hired Peter Panaggio as SVP and CFO. Panaggio brings with him more than 20 years of financial experience. He most recently worked as SVP of finance at the $4 billion East Boston Savings Bank. In this role, he was responsible for the company’s financial reporting to the Securities and Exchange along with leading a variety of other accounting tasks.
Members of the $7 million Hudson Municipal Employees Federal Credit Union in Hudson, Mass., voted to approve a merger with the $867 million RTN Federal Credit Union, headquartered in Waltham. The merger will be effective on March 1. HMEFCU was founded in 1962. Members will now be able to choose from a wider offering of financial products and services, including an expanded choice of mortgage and loan products, and a larger ATM network.
WEST
The $640 million AltaOne Federal Credit Union in Ridgecrest, Calif., hired Jeremy A. Gregg as the new member service center manager at the River Walk location. Gregg brings a wealth of experience in branch management, customer service, operating efficiency, sales productivity, community outreach and profitability to the position. He’s a member of the Bakersfield community and has built up substantial knowledge of the local market.
The $1 billion Oregon State Credit Union in Corvallis, Ore., promoted Denise Rundell (pictured) and Patrick Schmerber to branch manager positions. Rundell, who has 20 years of financial experience, was just months into her assistant branch manager post in the credit union’s new Lincoln City branch when she was named to lead the Newport location at 1923 North Coast Highway. She has had three other branch management positions in her career spanning Oregon, Wisconsin and Maine. Schmerber moves up from assistant branch manager to lead the Woodburn branch located in the Safeway store at the corner of Mount Hood Highway and Highway 99E. He is entering his 10th year with Oregon State CU and is advancing into management after seven years as a financial services consultant.
SOUTH
Terry R. West, president/CEO of the $6.5 billion VyStar Credit Union in Jacksonville, Fla., announced his plan to retire effective Aug. 11, 2017. When West began his employment at VyStar, the credit union (then Jax Navy) had $350 million in assets with five branches. Today, VyStar is $6.5 billion in assets with 41 branches. West joined VyStar as the vice president of member services in 1988 and became president/CEO in December 1991.
MIDWEST
The $3 billion Teachers Credit Union in South Bend, Ind., announced Robert Shula has rejoined the credit union as vice president. In this role, he will oversee three departments including marketing, public relations and the TCU Foundation, which is the charitable arm of the company. Shula’s Indianapolis-based role will help provide a central point for member and community-facing activities. He previously served as executive director at the Indianapolis Public Schools Education Foundation.
The $3.1 billion Veridian Credit Union in Waterloo, Iowa promoted DeNicca Luker to payroll tax accountant. Luker, a resident of Traer, Iowa, has been employed at Veridian for six years, most recently as a Veridian’s fiscal solutions team lead.
She earned her bachelor’s degree in accounting and business administration management with a minor in finance from the University of Northern Iowa, and currently serves as a board member on Black Hawk County’s National Alliance on Mental Illness.
Please send your People news items to Tahira Hayes at thayes@cutimes.com.
