Two large credit unions announced leadership transitions this week, with both organizations selecting longtime internal executives to serve as their next president and CEO.
EastRise Credit Union named Robert Miller as its new president/CEO effective June 8, succeeding retiring CEO John Dwyer, whose career spans nearly four decades. Miller currently serves as EastRise's president and chief operating officer and previously led VSECU as CEO for nearly 10 years before the Vermont credit unions merged.
"EastRise is built on trust and a deep commitment to people," Board Chair Spencer Newman said in announcing the appointment. Miller said the credit union will continue focusing on "relationship-first" banking and community impact as financial services evolve.
EastRise serves approximately 177,000 members across Vermont and beyond.
Meanwhile, GECU appointed longtime executive Alex Rascón as president/CEO following the retirement of longtime chief executive Crystal Long. Rascón has spent 28 years with the El Paso, Texas-based credit union and most recently served as executive vice president and chief financial officer.
GECU Board Chairman Gregory Watters said Rascón's appointment comes during a period of significant growth for the institution, which now manages $4.5 billion in assets and serves more than 441,000 members nationwide.
The leadership change also comes as GECU pursues expansion initiatives, including its proposed acquisition of Bank of the Southwest and plans to open its first branch in Lubbock, Texas, later this year.
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