Members Source CU Names New CEO

MERRILLVILLE, Ind.–The $72-million Members Source Credit Union has named a new CEO.

Scott Shelton has been named to replace Charles Donovan as CEO of the credit union. Donovan is retiring after a 20-year career during which he oversaw growth from $30 million in assets.

Shelton was most recently with the Indiana Department of Financial Institutions where he was an examiner for more than 15 years.

Members Source CU has 7,600 members.

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