ELIZABETHTOWN, Tenn.—Two credit unions have announced leadership moves.
The $185-million Northeast Community Credit Union here has named David LeVeau president and CEO, the Elizabethton Star reported.
He succeeds Teresa Arnold, who will retire this year.
Arnold, who has been with NCCU for four decades, and was promoted from chief financial officer to president and CEO in 2016, the Elizabethton Star said.
“I want time for additional traveling with my husband and for making more great memories with our family and grandchildren,” said Arnold, about her retirement.
LeVeau brings nearly 25 years of financial industry experience along with a background as a business owner. He has been with NCCU for nearly two years, developing and implementing a successful commercial lending program, the Elizabethton Star said.
“I would like to thank the NCCU board of directors for this honor to become the next CEO and for entrusting me with the opportunity to serve our members,” LeVeau said.
Magulski Steps Down
In Milwaukee, the $6.7-billion Landmark Credit Union here announced its president and CEO, Jay Magulski, will retire at the end of 2025.
"We are extremely grateful for Jay's leadership as president & CEO for the past 12 years," said Brian Dorow, chair of Landmark's board of directors. "His commitment to associates, members and the community has strengthened the foundation of Landmark Credit Union and has positioned the organization well for future growth."
"I've thoroughly enjoyed the opportunity to serve our members and work with so many talented associates over the years," said Magulski. "As I look toward retirement, I think about what we've accomplished together and am extremely proud of the work the team has done to support each other, our members and our communities."
Landmark has begun a search for candidates, noting that a successor is expected to be named this summer.