Minnesota Foundation Fetes Retiring CEOs
Two Minnesota CEOs who are retiring this year were recently recognized with the Credit Union Builder Award from the Minnesota Credit Union Foundation.
Gail Krall, president/CEO of the $86 million Minnesota Power Employees Credit Union in Duluth, and Bill Winter, president/CEO of the $102 million St Cloud Federal Credit Union in St. Cloud, received the foundation’s award for their work and contributions throughout their careers to advance the credit union movement on local, state and national levels.
Krall has worked in a leadership role in the Minnesota credit union movement. She served on the Minnesota Credit Union Network and Network Service Corp. board of directors for five years. The veteran CEO has also been a strong supporter of shared branching through her role with the Minnesota Credit Union Service Corp., the league said.
Moreover, Krall has been a strong advocate for credit unions in the political arena through her work on the Minnesota Credit Union Network’s Political Involvement Committee. She was recently inducted into the Credit Union House Hall of Leaders in Washington, D.C. and was appointed to the Minneapolis Federal Reserve Bank’s Community Depository Institutions Advisory Council.
Krall, who will be retiring later this year, became president/CEO of Minnesota Power Employees Credit Union in 1979. During her tenure, MPECU has grown from $1.9 million to $86 million in assets.
Winter also was inducted into the Credit Union House Hall of Leaders earlier this year for his dedication and leadership in political advocacy.
He was a long-standing member of MnCUN’s Political Involvement Committee, and he lobbied at both the state and federal legislatures for issues that affect the credit union industry. Locally, Winter has been active in the Rotary Club as board member and chair, and he is a government affairs committee contributor for the St. Cloud Area Chamber of Commerce.
Winter also served on the boards of Minnesota Item Processing Corp., Minnesota League of Credit Unions, MnCUN, Minnesota Corporate Federal Credit Union, and Network Service Corp.
Winter was hired in 1975 when St. Cloud FCU had 1,600 members, three employees and $1 million in assets. Today, the credit union serves almost 15,000 members, employs 57 staffers, and manages more than $100 million in assets.
Winter and Krall join 18 other individuals who have been honored over the past six years with the MnCUF's Credit Union Builder Award. The names of the recipients and the contributing credit unions are permanently displayed in the MnCUN’s lobby as a tribute to their accomplishments.