VANCOUVER, Wash. – Columbia Credit Union said President/CEO Steve Kenny has retired and an interim leader has been named.
The $2.2-billion credit union EVP/COO Lindsey Salvestrin as interim president/CEO while it conducts a “thoughtful recruitment process,” which it said could last several months.
Salvestrin, who has more than 20 years’ experience, grew up in Clark County, Washington, and earned a degree with honors in human resources from Western Washington University.
Salvestrin’s industry leadership ranges from facilities and the branch network to digital online and mobile banking, payments and high-touch support services, Columbia CU said, adding Salvestrin serves as a board director for Innovative Services Northwest.
‘Rock-Solid Financially’
“Columbia Credit Union is one of Clark County’s largest employers, is rock-solid financially and maintains a reputation for reliable community service,” said Columbia Credit Union Board Chair Joe Vance in a statement. “As a Peter Barron Stark Companies Best Workplace recipient, the board anticipates best-in-class leadership talent to apply for consideration as Columbia Credit Union’s next president and CEO. We look forward to those conversations.
“Lindsey and Columbia Credit Union’s senior leadership team have the board’s full support and confidence as they continue with our people and community-centric strategic direction,” Vance continued. “We wish Steve the best in his retirement plans and thank him for his years of service to Columbia Credit Union’s membership and their communities.”
Columbia CU posted net income of $17.9 million through Sept. 30, 2022, with net worth of 10.53%.
New CEO in Texas
Separately, in San Antonio, the $217-million H E B FCU has named Don Ford as its new president and CEO effective with the May 1 retirement of Lynn Kincaid.
Still Free in ’23! The Freshest CU Headlines. Right to Your Inbox.
The biggest, best and freshest news reporting in credit unions remains free in ’23! Each morning CUToday.info delivers its daily update offering the latest headlines and breaking news right to your email, with the easy-to-read headlines format allowing you to click on the stories that interest you most in order to learn more.
If you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time—and it’s free!
Please note that after signing up you may need to go to your Spam/Junk folder and mark the morning headlines email as safe. CUToday.info does not provide its list of readers and emails to outside parties, and we will not be contacting you to sell you an extended warranty or sending you any links so you may cash in on an inheritance you didn’t know was coming.
And did we mention it’s free?
Please note and/or make your IT department or email administrator aware the emails will be coming from the domains CUTodayinfo.com and CUTodayinfoReply.com.