CORVALLIS, Ore.–Rick Hein, president and CEO of Oregon State Credit Union, has announced plans to retire in April of 2024. A search has been launched for a successor.
Hein has led the $2.1-billion Oregon State CU for 23 years.
“Under Rick’s leadership, assets have grown to $2.1 billion making the credit union the fifth largest in the state,” the credit union said. “In 2008 Oregon State, then as OSU Federal, was recognized with the very first Community Credit Union of the Year recognition from the Credit Union National Association. In 2020, Oregon State Credit Union received a silver level Youth Desjardins award from the Credit Union National Association for its success and efforts in financial education.”
Hein was also honored nationally as the 2016 recipient of the Buck Levins Award for exceptional leadership in advocacy within the credit union industry. Hein was also inducted into the Credit Union House Hall of Leaders in 2019.
‘In Excellent Position’
“I’ve been fortunate to have the support and confidence of the board in leading Oregon State Credit Union to the position it has reached today,” said Hein. “Financially, Oregon State Credit Union is in an excellent position, we receive high ratings from our regulators, both State and NCUA, and the credit union has a great reputation. I am grateful and honored to have had the opportunity to lead the team here. We always put our members first and live by the cooperative spirit and principles that distinguish credit unions from other financial institutions. I am proud of all that we have accomplished during my time at Oregon State Credit Union. I can retire knowing that the executive team is well prepared to achieve even more in the years to come.”
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