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Michele Makley will become the new president/CEO of PFCU in Portland, Mich., on Jan. 1, the board of directors said.
She succeeds Harvey Hoskins, who will retire after working in the credit union movement for 33 years. He was named president/CEO of PFCU in 2012.
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During his CEO tenure, the credit union grew assets from $237 million to its current assets of $791 million, while loans increased from $147 million to $490 million and membership expanded from 22,591 to more than 54,000, according to NCUA Call Reports.
Makley joined PFCU in 1994 as a member service and loan officer. She also worked as a branch manager, assistant loan manager, and as a loan and member service manager, according to her LinkedIn profile page.
Since 2014, Makley has been serving as PFCU's EVP.
PFCU also announced that Joe Krieger will become the new EVP after Makley takes over the CEO helm. Krieger joined the credit union in 2013 as SVP of lending.
PFCU's 186 employees operate 13 locations from Flint to Caledonia.
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Michael Ogden
Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.
