The $1.4 billion ORNL Federal Credit Union in Oak Ridge, Tenn., has named Nebraska banker Colin Anderson as its new chief financial officer.
Anderson will succeed Dennis Bowker, who is retiring after three decades at the 157,300-member Tennessee credit union, ORNL FCU said.
Anderson has been in the financial services industry for 29 years, moving from teller to president and CEO, and most recently was at Great Western Bank in Omaha, Neb., where he had been a regional president.
The latest in several senior management changes at ORNL FCU, Anderson will be responsible for the credit union’s investment portfolio, financial analysis and asset liability management, and will help the CEO with developing and monitoring the credit union’s performance standards.
“Dennis Bowker contributed more than 31 years of distinguished service and visionary leadership to ORNL Federal Credit Union, and his service and commitment will certainly be missed,” said CEO Chris Johnson.
“In preparation for Dennis Bowker’s impending retirement, we are taking yet another positive step forward in our transition to the next era of financial services excellence with the addition of Colin Anderson to our family,” Johnson said.
ORNL FCU has 32 branches, with plans for a 33rd under way, and is open to anyone who lives, works, worships or attends schools in the 16 counties of east-central Tennessee.