WICHITA, Kan.— Two credit unions have announced new CEOs.
In Wichita, Kan., The $780-million Credit Union of America has named Frank Shoffner as its new president.
Current President and CEO Bob Thurman will be retiring after a 43-year career with Credit Union of America on March 1, 2018. Shoffner will then become president and CEO.
Credit Union of America reported that over the past 23 years Shoffner has served CUA members as vice president of lending, senior vice president of lending, and, most recently, chief operating officer. His tenure also includes nine years of overseeing retail branch operations. He has been instrumental in developing systems and personnel to position CUA as the leading auto lender in the Wichita metropolitan area, including a robust indirect lending program, the credit union said.
“I’m quite fortunate to have the opportunity to work for and now lead Credit Union of America in its future growth and service to the membership,” said Shoffner. “It’s invigorating to be part of an organization that offers a friendly and open culture to all that come through our doors. We’re a market leader not only in growth, but also innovation, and service. It feels good to know that CUA contributes to the overall successes of the communities it serves and the livelihood of our 250 employees.”
Added Thurman, “I am extremely thankful for the opportunity to work for this member-driven organization for 43 years and to lead it for the last 37 years. We have built a great organization whose culture is focused on serving our members and creating a thriving working environment. I was fortunate to have a strong team of managers and staff, and the benefit of excellent leadership from our volunteer board and supervisory committee over these many years. I am proud of our accomplishments and I am very confident in Frank Shoffner, his team, and their ability and drive to continue CUA’s success.”
Meanwhile, in Pittsford, N.Y., Pittsford Federal Credit Union has announced successor to General Manager and CEO William M. Martin, who is retiring at the end of 2017 after 38 years with the credit union.
The $382-million PFCU said Brian Scudder, who is currently senior manager, will lead the organization upon Martin’s retirement. Scudder joined PFCU in 1988.
During his career Martin oversaw growth to the current asset size from some $6.5 million in assets.
Pittsford FCU has nearly 21,000 members.