CUs in Three States Will Start New Year With New CEOs

CLAYMONT, Del.–Credit unions in Delaware, Tennessee and Ohio have named new CEOs.

In Delaware, Eagle One FCU has named a new CEO to succeed the retiring John King. The $79.7-million Eagle One has selected Danielle Gallagher, who is currently CFO, to lead the organization after King retires on Jan 1.

The Cooperative Credit Union Association was the first to report the news.

“I am excited to take on this new role in the new year. I am very passionate about credit unions and look forward to great success and future growth for Eagle One,” Gallagher told the CCUA. “I would like to thank John King and the Board of Directors for this opportunity.”

Gallagher began her career at Eagle One FCU eight years ago as a member service representative and worked her way up to CFO.

Amy Banks

King, who has served as CEO since 1998, will join the board of directors, the CCUA said.

Eagle One has approximately 11,450 members.

New CEO at Clinchfield CU

Meanwhile, in Erwin, Tenn., Clinchfield Credit Union has selected Amy Banks as its new CEO effective Jan. 1 upon the retirement of Sandy Lingerfelt. Banks is currently SVP-operations.

“Banks is a great fit for the culture that Lingerfelt has set at Clinchfield Federal Credit Union. It is with much respect and appreciation for both ladies to honor one’s retirement while welcoming another’s new leadership,” said  CFCU Chairman Wade Tilson in a statement.

Banks began her career at the $84.8-million credit union as a part-time teller and has moved up the ranks in her 29 years of experience there. She has also been involved in numerous community activities.

‘Very Blessed’

“I am honored to be named as the new CEO of Clinchfield Federal Credit Union, and I am excited about the opportunity to continue building on our history of success. It is important to me to remain a strong supporter of our community and to provide the best member service to our members,” Banks said in the statement.

Lingerfelt began her career at CFCU in 1977 and was promoted to CEO in 1985.  During her career she has held a number of positions including as chair of the Tennessee Credit Union League and chairman of CUNA’s Audit Committee. She was also the second person to be inducted into the Tennessee Credit Union Hall of Fame.

“I feel very blessed to have enjoyed a 43-year career at CFCU and even more blessed knowing Amy Banks and our caring staff will continue taking care of our members the way they deserve to be taken care of,” Lingerfelt said in a statement.

New CEO In Ohio

In Columbus, Ohio, Bridge Credit Union’s president, Christine (Christy) Leslie said she will retire in January 2020 after more than 36 years of service to the credit union. Bridge Credit Union has named Jarod Bach, current EVP, to succeed Leslie as president. Bach has been with Bridge Credit Union since 2011.

Sandy Lingerfelt

“Jarod is ideally positioned to lead Bridge Credit Union as we continue to grow our credit union brand throughout the state of Ohio,” Leslie said in a statement.

Leslie was named president of Bridge Credit Union in December 2011 and during her tenure oversaw growth to $86 million from $36 million in assets. 

“We are thankful for Christy’s exceptional contributions, commitment and steadfast service to Bridge Credit Union over the past 36 years,” said Board Chair Julie Ray. “Bridge has achieved many astonishing successes under Christy’s leadership. Bridge is positioned for growth and success for years to come.”

Added Leslie, “I would like to thank our members, staff and board of directors for making the past 36 years so worthwhile. Our success would not have been possible without our great team working tirelessly. I am appreciative for all your hard work. I know that Bridge Credit Union will continue to have a positive impact in our members lives and the communities we serve.”

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