Trust Bank Exec to Lead Mennonite Credit Union
Kenneth Hochstetler has been named the new president/CEO of Everence Credit Union, the $2.4 billion credit union that serves the Mennonite Church USA.
Hochstetler will assume the role at the end of August upon the retirement of the current president/CEO, Larry Miller, who has served at the helm for the past 16 years, according to the Goshen, Ind.-based credit union.
During Miller’s tenure, he oversaw the 2010 merger of the Mennonite Mutual Aid with Mennonite Financial Federal Credit Union to become Everence.
Hochstetler is currently senior executive vice president at Univest Corp., which provides trust, financial planning, investment, foundation and insurance services through a network of approximately 40 offices in southeastern Pennsylvania.
Joining Univest in 1992, Hochstetler has served as chief executive of the Univest subsidiaries of investments, advisory services, foundation, municipal pension services and wealth management services.
“I am grateful for the opportunity to use my experience gained in private industry for the good of the stewardship organization serving the Mennonite and Anabaptist faith community,” said Hochstetler in a statement. “I look forward to joining the Everence team in helping members integrate their faith and values into financial decisions.”
Everence serves approximately 80,000 members.