Wooden blocks with the word CEO and businessman. Chief Executive Officer. Boss, top management position in a team or company. Leader, Leadership. Business concept Source: AdobeStock.

The board of directors at the $660 million Mid Minnesota Federal Credit Union in Baxter selected Bob Gerads as its president/CEO. He succeeds Chuck Albrecht, who is retiring after 20 years of service.

Gerads joins MMFCU with nearly 25 years of experience in banking and credit union management and operations. He most recently served as chief deposit officer for Falcon National Bank in St. Cloud, Minn. Gerads also worked as an operations manager, a branch manager and vice president of deposit support at the $1.7 billion Central Minnesota Credit Union in Melrose.

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Peter Strozniak

 

Credit Union Times

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