SPRINGFIELD, Mo.--Loretta Roney, president and CEO of Volt Credit Union, was recently named one of the 20 Most Influential Women in Springfield by the Springfield Business Journal.
"Her management style paired with an outside the box vision of what banking should be has brought her to prominence in her community of over 160,000 people," the CU said.
Roney received a Bachelor’s of Science degree in Accounting from Central Methodist College in 2000. From there she entered the banking world. Over the next six years Roney worked as a personal banker at Callaway Bank, she was the Assistant Branch Manager at Missouri Credit Union, and the Branch Manager at U S Bank. During her time at Missouri Credit Union, Roney gained a passion for the Credit Union movement and the not-for-profit financial cooperative structure that came along with it.
"It was this passion that motivated her to apply for a Branch Manager position at Highway Alliance Credit Union a small SEG (Select Employee Group) based Credit Union with $14 million in assets. Roney was offered the position, and on her first day of work she found out that she was actually the President and CEO.
“That was a career defining moment for me, “ explains Roney. “I said to myself ok I could possibly get my old job back, or I can really dig in and make this a career defining moment. I could use this opportunity to step forward into growth or backwards into safety.”
Fast forward to today, where Roney is the President and CEO of Volt Credit Union in Missouri with $65 million in assets. “The experience I gained at Highway Alliance was invaluable to my future success, not only did I learn about the ins and outs of Credit Unions, but I learned how to lead,” says Roney.
Today the CU is flourishing with a new brand and a new headquarters to boot. She has completely uprooted the company culture to a point that her employees are excited to go to work every day. Volt is earning a spot in consumer’s minds through their community involvement and their revolution against banking as usual. “Banking doesn’t have to be boring, and professional doesn’t have to mean suits and ties,” says Roney, “that is why we have cultivated a fun loving atmosphere throughout our headquarters, and I think that is obvious as soon as you walk through the doors.”
Roney along with the 19 other finalists will be honored October 11th at University Plaza Hotel in Springfield, MO.