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New CEOs announced Source: Shutterstock.

The board of directors for Cobalt Federal Credit Union in Papillion, Neb., has named Alan Stoltenberg as its new president/CEO following the January retirement of current President/CEO Gail DeBoer.

DeBoer launched her career at Cobalt, which is Nebraska’s largest credit union, in 1988 and worked in several positions before being appointed president/CEO in 2007.  Under her executive leadership, Cobalt’s assets grew from $306 million to $1 billion, while membership grew from 46,769 to 109,952, according to the credit union’s Call Reports.

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Peter Strozniak

Credit Union Times

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