Credit Unions In PA, MA Announce CEO Changes

Kate Alexander

COLLEGEVILLE, Penn.–Two credit unions have announced CEO changes.

Superior Credit Union here has named a new CEO. Raymond Hebden, who most recently was VP of lending and business services with Valor Credit Union, has been named to the top spot. Hebden will succeed Matt Jones, who is leaving the CU to pursue employment closer to his home, according to the Pennsylvania CU Association.

Meanwhile, in Southbridge, Mass., Southbridge Credit Union has named Kate Alexander as interim CEO following a decision by current CEO, Jeff Davenport, to step down to resume a previous role with CUNA Mutual.

"Kate is not a traditional CEO candidate; however, we could not be happier to give her this opportunity. She brings boundless energy, vision and passion to the role that the Southbridge Credit Union board of directors feels is right for the organization," said SCU board chair Dan Matte in a statement first reported by the Cooperative Credit Union Association. "Kate has a keen eye for strategy and culture and we are looking forward to continuing new projects she has implemented since joining SCU. Born and raised in the Tri-Community and as a busy mother, Kate possesses some unique qualifications for this dynamic role.”

According to the CCUA, Alexander joined SCU as chief sales and retail office and executive team member in May 2016. She previously spent nearly 10 years at Southbridge Savings Bank.

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