Five credit unions in Florida, Ohio, Texas and Vermont recently announced new president/CEO appointments.

Richard M. Grammatica, shown at left, will take over as the president /CEO of the $258 million Tampa Bay Federal Credit Union on June 1.

He replaced Dale Schumacher who officially retires on July 3 after 22 years of service at the Florida cooperative.

Grammatica joined the Tampa Bay FCU in 2000. He holds 20 years of financial services experience, including 10 years of executive leadership.

“We have come to know him as a passionate leader focused on developing his team, driving organizational results and living the cooperative philosophy of the credit union industry,” Tampa Bay FCU's Board Chair Terry W. Jones, said. “We look forward to Rick using his talents to take the Credit Union to the next level.”

The $48 million Houston Metropolitan Federal Credit Union appointed Malcolm René as its president/CEO effective June 1.

René will replace Barbara Stephens who is retiring after 23 years as the president/CEO.

“Barbara has provided a tremendous service to our credit union by delivering outstanding leadership for more than two decades,” Eric Dargan, Houston Metropolitan FCU board chair, said. “She will be missed, but we are excited for her as she opens a new chapter in her life.”

René previously served as executive vice president/CFO for the $89 million United Community Credit Union in Galena Park, Texas.

The board of directors for the $41 million Toledo Metro Federal Credit Union named Dan Zimolzak, shown at left, as the new president/CEO of the Ohio-based cooperative.

He previously served as the CFO at a Michigan credit union and was a senior associate at a Michigan CPA firm. Prior to that, Zimolzak worked for 25 years in the public schools sector.

Laurie Barraza was appointed president/CEO of the $38.4 million Cosden Federal Credit Union in Big Spring, Texas effective June 1.

She replaced Gary Jester, a credit union workout specialist, who served as interim president/CEO from September 2014 to April 2015.

“Laurie brings a lot of positive energy, familiarity with our community, and excellent experience in credit union management.” Edward Moughon, Cosden FCU board member said, who chaired the search committee. “I think this is an excellent opportunity for Laurie and the credit union to grow and advance together. The Cosden Board is confident our members will find her responsive to their needs.”

Barraza joins Cosden FCU from the $45 million Big Spring Education Employees Federal Credit Union in Big Spring, Texas, where she served as vice president.

The $23.7 million Vermont VA Federal Credit Union in White River Junction named Michael G. Shuman as its president/CEO.

He replaced Sandra White who retired after eight years of service to the credit union.

Shuman previously served as vice president of lending at the $529 million Merrimack Valley Federal Credit Union in in Lawrence, Mass. He holds 13 years of credit union experience.

“Becoming CEO at VTVA FCU, the oldest credit union in Vermont, is a great honor and privilege,” Shuman said. “Serving members to enhance their financial well-being will continue to be the priority as the credit union grows.”

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