JAY, Maine–Credit unions in two states have named new leadership.
In Maine, OTIS Federal Credit Union has named a new president and CEO. The $233-million has named Chris Bouchard to lead the organization, succeeding Roland Poirier, who has been serving as interim president/CEO since December of 2021.
Bouchard comes to OTIS from the $364-million Dirigo Federal Credit Union in Lewiston, Maine, where was chief operations officer. Bouchard has also previously held leadership positions at investment companies as well as banking institutions, where he led strategic initiatives and processes in different areas, ranging from contact centers to deposit and loan operations, the credit union said in a statement.
He has more than 20 years of experience overall.
“Having served in the financial services industry for my entire career, I have grown to have a strong appreciation for service and commitment,” said Bouchard. “As a lifelong resident of Maine and credit union member, I understand the important role credit unions play in meeting the financial needs of our members and delivering a strong commitment to the communities in which we serve.
‘Future is Bright’
“The future is bright for OTIS FCU. We look forward to building lasting relationships with you … delivering the products and services you need to continue your journey, with the exceptional service you have come to know and expect from OTIS,” Bouchard continued.
Bouchard is active as a volunteers, serving as vice president for Auburn Suburban Baseball and Softball, where he is also the Minor Division Baseball director; with the Special Olympics of Maine and as Maine Credit Union League Audit & Finance Committee member.
He currently resides in Auburn with his wife and their three sons.
Founded in 1954, OTIS FCU reported $276,281 in net income as of March 30.
Vibe CU Names New Leader
Meanwhile, in Novi, Mich., the $1.1-billion Vibe Credit Union has named Chaz Rzewnicki as its new president/CEO.
Rzewnicki succeeds Allan McMorris, who announced in December 2021 his plans to retire this summer after more than 30 years leading the credit union.
Since 2016, Rzewnicki has been president/CEO of the $626 million Dover FCU in Dover, Del.
According to Vibe CU, Rzewnicki has been in credit unions for nearly 25 years when he first started as a 16-year old co-op student. While at Dover FCU, “He spearheaded organizational strategic direction, growth, expansion, and technological transformation to drive strategic implementations, including diversity, equity and inclusion excellence initiatives,” the credit unions said in a statement.
‘New Heights’
“Vibe CU is an incredible organization with an amazing board and team,” said Rzewnicki. “I’m both humbled and extremely excited to have been chosen to join such a strong credit union. I look forward to partnering with the board and team to lead Vibe to new heights.”
Dover FCU said CFO Donna Kiscaden will serve as interim CEO while the board conducts its search for a new CEO.
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