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Goldenwest Credit Union announced Thursday that Executive Vice President David G. Butterfield has been selected as the organization’s next president and CEO, succeeding longtime leader Kerry Wahlen upon his retirement on July 1, 2026.
The credit union’s board of directors unanimously approved Butterfield’s appointment, citing his extensive leadership experience and deep roots within the Goldenwest system. “We are confident that David is well prepared to lead the credit union and advance Goldenwest’s strategic goals for years to come,” said Board Chairman Dan Musgrave. “We fully anticipate a seamless transition.”
Wahlen, who has led Goldenwest since 2012 and dedicated nearly 40 years to the organization, will retire on June 30, 2026. Under his leadership, the credit union grew its assets from $775 million to nearly $4 billion, more than doubled both membership and branch locations, and completed major mergers with USU Credit Union, Healthcare Credit Union and Ascent Credit Union. He also founded Goldenwest Insurance Services, which now manages more than $72 million in premiums.
Butterfield joined Goldenwest’s executive team in 2013 after serving as president and CEO of USU Credit Union. Over the past decade, he has overseen key operational divisions, including lending, branch strategy, business services and financial wellness. He holds an MBA from Brigham Young University and a bachelor’s degree from Utah State University.
“I am honored and humbled to lead Goldenwest during this exciting time,” said Butterfield. “Our mission to serve our members, employees and communities with excellence and integrity will remain at the heart of everything we do.”
Goldenwest Credit Union serves more than 206,000 members across Utah and Idaho and operates more than 55 branches.
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