NORWICH, Conn. — Two credit unions have announced new leadership.
In Connecticut, CorePlus Credit Union has named Raymond J. Currier as its new president and CEO effective Jan. 1, 2024. Currier succeeds CEO Nicholas K. Fortson, who will be retiring after nine years in the position.
Currier is currently COO and has been with the credit union since 2005 and has nearly 30 years’ experience in credit unions.
“I am incredibly honored to have been appointed president/CEO, and I am excited to lead our talented team in continuing to bring exceptional service and innovation to our membership,” said Currier. “CorePlus is well positioned for continued growth and success in the coming years. I am also very fortunate to have the support and guidance from such an incredible leader as Nicholas Fortson to assist in the transition.”
The $332-million CorePlus CU said it worked with the Credit Union League of Connecticut in conducting its search.
‘Extremely Pleased’
“We are extremely pleased that after performing our due diligence to find the most suitable leader, our own Ray Currier emerged as the best candidate to take the reins and carry on Nicholas Fortson’s legacy,” said Chair Jean Swift. “We believe Ray possesses the strategic vision, business acumen, and commitment to lead CorePlus Credit Union into a prosperous future. His demonstrated ability to drive innovation, foster collaboration, and deliver exceptional results made him the ideal candidate for this important position.
“Nicholas Fortson has been and continues to be an amazing leader and mentor,” Swift continued. “The board wishes to recognize Nick for his remarkable leadership, particularly throughout the pandemic, as well as his ability to select and develop a stellar management team. He will be greatly missed, but we know he leaves us in Ray’s very capable hands.”
Gifts Announced
In honor of Fortson’s “tremendous leadership” and commitment to his community, the CU’s board has approved a gift of $10,000 to support two non-profits, including $5,000 in Fortson’s honor to the Otis Library to fund a multi-lingual financial literacy program. Fortson is the former board president of Otis Library, and he and his late wife, Peggy, have been avid supporters of the library, the CU explained.
A second gift of $5,000 will be made to the Community Foundation of Eastern Connecticut, where Fortson is also a board member.
The credit union has more than 28,000 members.
New CEO in Tennessee
Separately, in Tennessee, Knoxville TVA Employees Credit Union has named Lynn Summers as its new president and CEO. Summers succeeds Glenn W. Siler, who retired after 49 years of service at KTVAECU, including 17 years as president and CEO.
Summers has more than 33 years in credit unions and began her career at Knoxville TVA Employees Credit Union in 1990 as a teller. During her career she advanced from loan officer to branch manager to chief support officer to her most recent position as EVP/chief operating officer, according to the Tennessee league.
During her tenure at KTVAECU, the credit union has grown to more than $4 billion in assets from $193 million.
‘Unanimous Decision’
“The board of directors was unanimous in their decision to select Lynn Summers as our new president/CEO,” said Chairman Tom Heffernan. “Lynn embodies the credit union philosophy of “people helping people” and fosters a team environment that supports our culture of providing excellent Member service. We are excited about the credit union’s future.”
Added Summers, “Helping others is where my joy lies, whether it be helping our members reach their financial goals or helping the staff reach their career goals.”
Summers earned a Master of Business Administration from Lincoln Memorial University. She obtained several industry certifications, including a Certified Chief Executive designation from CUES and a Certified Credit Union Executive designation from CUNA.
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