BURBANK, Calif.–Partners Federal Credit Union has named a new president and CEO.
The $2.4-billion Partners FCU said it has selected Ricky Otey to lead the organization.
Otey most recently served for seven years as EVP/COO with the $1.7-billion Sharonview FCU in South Carolina and had more than 20 years of banking experience before joining credit unions.
While at Sharonview, Otey was directly responsible for member acquisition and retention model initiatives that yielded member growth at twice the national average, according to Partners FCU.
“His strong performance caught the eye of the Industry and Otey received the 2020 National CUES Exceptional Leader award for his strategic leadership and impact on building positive relationships and developing an extraordinary culture,” the credit union said.
Otey earned his MBA from Wake Forest University in 2017 and is committed to ongoing professional development. Otey believes “leadership is a journey that you never complete,” and has great expectations for his journey with Partners, the CU added.
‘Beyond Excited’
“I am beyond excited to join one of the nation’s best companies and look forward to our journey together. Partners is well positioned to continue to deliver on our brand promise and commitment to current and future members and continues to be proud of our connection with The Walt Disney Company.” Otey shared.
Partners corporate offices are headquartered in Burbank, Calif. with 13 branch locations across Southern California and Central Florida and more than 182,000 members.
The search was handled by DDJ Myers.