Don Reedy, CEO/president of the $482 million 1st MidAmerica Credit Union in Bethalto, Ill., will retire June 1, ending his 35-year career with the credit union.
"I am grateful for the opportunity to lead 1st MidAmerica and have enjoyed working with the employees who provide outstanding service to our members," Reedy said.
Reedy will be succeeded by Alan Meyer, COO/executive vice president, announced 1st MidAmerica CU's board of directors. Meyer has more than 29 years of experience in the financial services industry. He has been part of the 1st MidAmerica management team since 2002, working closely with Reedy over the past 10 years, the credit union said.
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