GREAT FALLS, Mont.–Two credit unions have named new CEOs.
In Montana, the $18.6-million The Family First FCU has named Kyeanna Scharberg to lead the organization effective April 1. Scharberg, who is currently loan officer/assistant manager, will succeed Kathy Briggs who has been CEO for 38 years.
“Kyeanna Scharberg has invested the last few years getting to know our members, learning the broad range of operations of a financial institution, and embracing the culture of our credit union,” said Briggs. “She will bring new energy to our leadership while ensuring that the caring and trustworthy philosophy of our institution continues.”
In a statement, The Family First said Scharberg “knows the values and vision of small credit unions and believes in providing affordable financial services to our members while also promoting the financial well-being of our community. She has been working towards the goal of President/CEO of Family First Federal Credit Union for the past few years and has been involved with educational and leadership events and programs sponsored by Montana’s Credit Unions.”
The Family First FCU has approximately 1,700 members.
New CEO in California
Meanwhile, in La Canada, Calif., the $2-billion Caltech Employees FCU has named John Meeker as its new president and CEO, effective April 2. Meeker is currently serving as CEFCU’s SVP and CFO. He will succeed Rich Harris, who announced his retirement in April 2023 after 38 years as president/CEO of CEFCU
“John is an experienced credit union executive whose expertise, commitment, and passion have been critical factors in the success of our credit union,” said Chair John Patterson. “I know that John’s leadership will be invaluable as we continue to provide outstanding value and service to our members.”
In a statement, the credit union said that since 1999 Meeker has been a “driving force in shaping CEFCU’s financial success, navigating competitive and volatile interest rate environments, as well as complex investment structures. In addition to his financial stewardship, he has established and maintains important partnerships with entities such as the Federal Reserve Bank and the Federal Home Loan Bank San Francisco.
‘Elevated Standing’
“His leadership has not only elevated CEFCU’s standing in the financial landscape but also has positioned the institution as a strong, stable, and secure organization,” the credit union continued in its statement. “As a key member of CEFCU’s executive management team, John has significantly contributed to defining the strategic goals and initiatives that maintain our tradition of stability, security, and trust and embody the principles of superior financial value and unsurpassed member service.”
Meeker has a Bachelor of Arts in economics as well as a Master of Business Administration in finance and accounting from Fairleigh Dickinson University in Madison, N.J.
CEFCU has more than 34,000 members.
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