MARSHFIELD, Wis.–Marshfield Medical Center Credit Union has announced a new president. The credit union has named David Murphy to succeed long-time president Carol Adler, who is scheduled to retire after serving the credit union for 36 years.
Murphy currently serves as vice president of finance and risk, a role he has held since 2018. His official start date as president is May 1, the credit union said.
“I want to thank Carol for giving me a chance eleven years ago and for the opportunities for advancement within the organization,” said Murphy in a statement. “I would not be where I am today without her support throughout the years. I wish her well as she transitions to retirement!”
“David has a terrific credit union history having worked at several credit unions beginning in his teens,” added Adler. “This is good because you need to wear many hats to manage a mid-size institution such as MMCCU. Since joining us in 2010, he has proven himself time and time again. I am confident the board of directors made the best choice to promote from within and I congratulate him and wish much success to him and MMCCU.”
Starting at 16
According to the $78.5-million MMCCU, Murphy has worked in credit unions since he was 16, starting his first job at Oakdale Credit Union, where he worked through high school and college.
After living a year in La Crosse, Wis., where he worked at Altra Federal Credit Union, he moved to MMCCU in 2010 for what was originally intended to be short-term.
“I enjoy working with our staff to better serve our members, and I like the financial responsibility of managing our members’ money to the best of our ability,” said Murphy. “As president, I am excited to continue our progress forward, to align our products and services with the needs of our members, and to further deepen our relationship with the Marshfield community.”
The credit union has approximately 3,900 members.