Banking

New CEOs called at 4 cooperative credit union | Credit Union Journal

Four cooperative credit union throughout the South have actually called brand-new leaders.

The$1.3 billion-asset Palmetto Citizens Federal Credit Union in Columbia, South Carolina, has actually chosen Robert Dozier as its next president and CEO.

Dozier was most just recently president of First Reliance Bancshares in Florence, South Carolina, and senior executive vice president and chief running officer of its banking system, First Reliance Bank.

He prospers present president and CEO, Nick Wodogaza, who will retire on Jan. 31. 

Palmetto Citizens reported earnings of almost $8 million in the very first 9 months of 2022, an 11% decline compared to the year-earlier duration, according to call report information from the National Credit Union Administration. 

In Texas, Education Credit Union in Amarillo has actually promoted Marcus Smith to be its president and CEO.

Smith has actually been with ECU considering that 2014 and has actually been the interim CEO considering that July. Previously, he was primary monetary officer of the $425 million-asset company.

He changed Eric Jenkins, who was called CEO of SRP Federal Credit Union in North Augusta, South Carolina, in August.

Education Credit Union reported earnings of $2.4 million in the very first 9 months of 2022, a 12% decline year over year.

The $256 million-asset Homebase Credit Union in Prince George, Virginia, likewise has a brand-new leader. Clint Summers ended up being president and CEO on Thursday.

Summers was most just recently primary operations officer of Clearwater Credit Union in Montana.

He was successful outbound CEO Patsy Stuard, who is retiring.

Homebase reported earnings of $1.7 million in the very first 9 months of 2022, an 11% boost compared to the very first 9 months of 2021.

And in Florida, Miami Firefighters Federal Credit Union called Bryan Woodward president and CEO.

He takes control of for Patrick Totten, who revealed his strategies to retire from the $159 million-asset organization in May. 

Woodward was most just recently CEO of Hartford Firefighters Federal Credit Union in Connecticut.

Miami Firefighters FCU reported earnings of $1.4 million in the very first 9 months of 2022, a 48% boost compared to a year previously.

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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