MEDFORD, N.Y.–Credit unions in New York and Arizona have named new CEOs.
In New York, Suffolk Federal Credit Union has named a new president/and CEO. The $1.255-billion Suffolk FCU has selected Michele Dean to lead the organization, becoming the first woman to serve in that position in the credit union’s 52-year history.
Dean will succeed Ralph D. Spencer, Jr., who will be retiring in June and will work in partnership with Spencer to shift management responsibilities beginning June 15.
Prior to joining Suffolk Federal, Dean was the chief strategy officer for Jovia Financial, where she was a key member of the strategic team responsible for operations, lending and corporate strategy. In addition, she has 19 previous years of experience with Long Island’s largest credit union, Bethpage Federal Credit Union, as a senior vice president of lending and investments.
A longtime resident of Suffolk County, Dean attended SUNY Oswego, where she earned her Bachelor of Science in Business Administration followed by an MBA in Corporate Finance from Dowling College.
“I am honored to be joining Suffolk Federal and appreciate the board of directors’ confidence in me to lead this dynamic organization as we move towards the future. I am excited to work with the board and the Suffolk Federal team to effectively serve our members and community, building upon a solid foundation to achieve continued success, growth and expansion,” explained Dean.
Suffolk FCU has approximately 60,000 members and 10 branches.
New CEO in Arizona
Separately, in Glendale, Ariz., the $251-million AERO Federal Credit Union has named Michael Moyes as its new president and CEO. Moyes succeeds Preston Sanders, who is retiring.
Moyes has more than two decades of experience within credit unions, most recently serving as president/CEO of Coloramo FCU in Grand Junction, Colo., from 2016 to 2020. During his time at Coloramo, the credit union was ranked in the top 25 for “Loan Growth Percentage,” nationwide, the CU announced. He has also served as CFO with Pinal County FCU in Casa Grande, Ariz.; for six years as VP-strategic, lending and operation solutions with the Michigan Credit Union League; and as president and CEO of Salt Lake Credit Union in Salt Lake City, Utah from 2001 to 2009. Moyes received a bachelor’s degree in Accounting from Weber State University in 1990, and his master’s degree in Business Information Systems from the University of Phoenix in 2001.
“We are happy to announce Michael Moyes as AERO Federal Credit Union’s new president and CEO. We are confident that with his extensive experience within the credit union industry, Michael will be a great addition to our team and will be a vital component to the credit union’s future successes,” said Board Chair Dick Clauer.