COLUMBIA, Md.–Kristin Shultz, CEO of Spectra Credit Union was named 2022 Professional of the Year by the MD|DC Credit Union Association.
“Shultz has successfully guided Spectra CU through a transformative year,” the association said. “She kept the credit union on a strategic course in 2021, launching a new brand identity, introducing multiple growth initiatives, and prioritizing community outreach. All of this in the middle of a global pandemic.”
According to the MDDCCUA, other initiatives overseen by Shultz included relocating the entire technology infrastructure to a more stable and secure environment, launching a new website, an indirect home equity program, an online business lending platform, and completing a credit card portfolio conversion.
‘Major Projects’
“Kristin has really helped position Spectra Credit Union for growth by taking on several major projects in the last year,” said Dr. Mary Kappus, chairperson of Spectra Credit Union. “Under Kristin’s leadership, we rebranded to Spectra, launched a newly redesigned website, a vibrant new logo and opened a new full-service branch -- all to better serve our members. Congratulations Kristin. I am proud to be a part of the team that helped accomplish all of this.”
The MDDCCUA said community service is a priority for Shultz. Under her leadership, Spectra CU hired its first community outreach manager and launched a program to provide employees with 40 hours of paid time annually to volunteer in the community.
“Last year alone we helped more than 4,000 individuals, more than 1,000 families, and donated 1,600 pounds of food,” said Kate Brennan, COO, Spectra Credit Union. “All of this through Kristin’s volunteer time off program and with the help of 33 non-profit partners.”
The MDDCCUA noted that Shultz believes satisfied, happy employees will provide exceptional member services, and has focused on building a positive and engaging work culture, embracing DEI as a core credit union value, and offering an above-market compensation and benefits package.
‘Strong Team’
“Kristin has been able to accomplish so much because she has assembled a strong, motivated and competent team,” said Board Member Dr. Richard Bevilacqua. “That is a testament to her leadership abilities.”
According to the association, Shultz volunteers for several organizations. She serves as Secretary on the Credit Union Miracle Day Board, which sponsors the Cherry Blossom 10 mile run in Washington, D.C., each year in support of Children’s Miracle Network Hospitals. She also serves at the national level as a member of the CUNA Volunteer Leadership Council and as a member of the Filene Think Tank.
A video tribute honoring Shultz can be viewed here.