NASHVILLE, Tenn. – Three credit unions have announced new CEOs.
In Tennessee, US Community Credit Union said its president/CEO, Paul Johnson, has retired and Chief Operating Officer Ben Johnson has been named as his successor.
During Paul Johnson’s tenure as president/CEO, the credit union said it “marched into the digital age, expanded its service charter multiple times to ensure more members could access credit union products, and became a certified underserved credit union, receiving grants from the state to help the credit union offer lending and account services to people in every life stage.”
Paul Johnson further oversaw a doubling of asset size, and launched two high school student-run branches and numerous elementary and middle school financial literacy programs.
“I have been fortunate to work alongside incredible people day in and day out who share the same focus on our mission and core values,” said Paul Johnson. “Serving our members remains the top priority, and I know that will continue once the baton is passed to Ben.”
Added Ben Johnson, “It has been a privilege to grow my career under Paul, and I am honored the board of directors have entrusted me to be the next leader of US Community Credit Union. Paul has built an incredible organization, and I am excited to continue his hard work and legacy, bringing the credit union into the next phase of success.”
Ben Johnson has been with US Community for 13 years.
The credit union said it has been actively working towards a management succession plan over the past three years and announced current Chief Financial Officer Nathan Brown has been named as the new executive vice president. Kim Lamont will continue VP-lending, and Buddy Brent has been named the chief relationship manager.
New CEO At Diamond CU
Meanwhile, in Pottstown, Penn., Diamond Credit Union has named Rick Patel as its new president/CEO, replacing the retiring John Faust.
“Diamond is well known throughout the industry for its culture, team, and commitment to members and their community,” said Patel. “I’m grateful for the opportunity to serve and lead such a strong organization.”
Patel comes to the $940-million Diamond from Police and Fire Federal Credit Union, where he was the SVP-retail financial Services, where he managed various aspects of the retail banking network of the $7.5 billion credit union.
Before joining PFFCU Patel served as regional manager of Bucks County, Penn., at PNC Bank, where he managed retail banking, including 17 branches, extensions of the business banking and commercial banking team, investment team, wealth management team, mortgage team, and consumer lending team.
Patel holds a Bachelor of Science of Business Administration in Finance, Management, and MIS from the University of North Carolina and a Master of Business Administration in Banking and Finance from Gardner-Webb University. He is also in the process of completing his Doctor of Business Administration in Strategic Management at Liberty University.
“The future of Diamond Credit Union is in good hands,” said Pat Austin, chairman of Diamond’s all volunteer board of directors. “Rick’s vision aligns with the culture that already thrives at Diamond while his passion for service and his experiences are ideal to help keep it moving forward.”
According to D. Hilton and Associates, which handled the search, Patel was selected from over 300 candidates after a nationwide search.
New CEO at Travis
Finally, in Vacaville, Calif., Thomas Kevin Miller has been named as the new president and CEO of Travis Credit Union, effective April 13.
Miller succeeds Barry Nelson, who announced his retirement in December.
“Kevin excelled among a very strong pool of candidates and has demonstrated a solid vision for the future of TCU,” Board Chair Deborah Aspling said in a statement. “Over the past six months, the board worked with an outside consultant in assessing the current and future needs of Travis Credit Union. I am proud to say that Travis Credit Union’s reputation of changing lives and lifting communities through financial wellness inspired so many wonderfully gifted people to apply to lead our organization.
“We explored the impact of our Awesome Cause, the evolving needs of our membership, and the needs of our staff as we considered the leadership needed to navigate through the challenges that lay ahead.”
Miller has more than 18 years’ experience in the financial services industry and currently serves on the advisory board for the Global Retail Marketing Association.
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