Credit unions in Kansas, Georgia and Connecticut recently appointed new CEOs.
Frank Shoffner was named president of the $790 million Credit Union of America in Wichita, Kan., the board of directors announced Monday.
Shoffner will become president and CEO following the March 1 retirement of CUA President/CEO Bob Thurman who joined the credit union 43 years ago and became its leader in 1980. In addition to growing CUA, he made many contributions to advance the credit union movement in Kansas and nationally.
For more than two decades, Shoffner served as CUA’s vice president of lending and senior vice president of lending. Most recently, he was the credit union’s COO. His tenure also includes nine year of overseeing retail branch operations and is credited with positioning the credit union as the leading auto lender and indirect lender in the Wichita metro region.
CUA employs 250 staff that serves 65,336 members.
In Georgia, the board of directors for Kinetic Federal Credit Union in Columbus announced that Mark Littleton will become its president/CEO next year.
He will succeed KFCU President/CEO Janet Davis who will retire Jan. 31.
Davis joined the credit union in 1983 and became president/CEO in 1992. Under her leadership, the credit union grew from $78.1million in assets and 33,035 members in 1992 to its current assets of $394.4 million and 48,254 members. The credit union employs 136 full-time staff and six part-time staff.
With nearly 20 years of experience at Kinetic CU, Littleton currently serves as the chief strategy and marketing officer.
The board of directors for the $229 million Waterbury Connecticut Teachers Federal Credit Union in Middlebury appointed Martin Misset president/CEO.
He succeeded Susan Rees-Enis.
Misset, who joined the credit union in 1999, previously served as vice president of lending. He is credited with expanding WCTFCU’s loan portfolio from $53.8 million in 1999 to its current $170.5 million in total loans.
He became WCTFCU’s fifth president/CEO. The credit union employs 31 full-time staff and one part-time staff that serves more than 18,000 members.
