MCGREGOR, Texas–Rocket Federal Credit Union has named Terry Sloan as its new president/CEO effective Monday, Aug. 15, 2016.
Sloan is joining the $16-million Rocket from Teachers Credit Union in Oklahoma City, where he served as CFO/assistant manager/compliance officer. He was responsible for daily office operations as well as managing the loan, investment, and compliance programs. At Teachers, Sloan maintained a CAMEL 1 rating and a net worth above 35% for the previous eight years. Additionally, Sloan initiated a vehicle loan program that increased the credit union’s auto portfolio by 15%.
Credit Union Resources conducted the executive search.