NEW YORK–Credit unions in New York, Texas and California have all named new CEOs.
In New York, Lower East Side People’s FCU has named a new CEO. The $55-million credit union has named Maureen Genna to lead the organization.
With more than 30 years in credit unions, Genna has served in roles ranging from teller to CEO, most recently as chief lending officer at Ocean Financial Federal Credit Union in Nassau County and, prior to that, served as CEO of the 1199 SEIU FCU in New York City.
“Throughout her career, Ms. Genna has designed and implemented products and services that respond to needs articulated by members, such as citizenship and Borrow and Save loans,” Lower East Side People’s said in a statement. “She has also made financial education for young people a personal and professional priority.”
A life-long New Yorker, Maureen was born and raised in the Williamsburg/Greenpoint section of Brooklyn.
“I am honored to be given the opportunity to join the team at Lower East Side Peoples Federal Credit Union,” Genna said. “The community spirit, and devotion to the underserved that is evident in everything that they do exemplifies the true meaning of what credit unions were meant to be.”
LES People’s has become well known within the community development credit union movement since its founding in 1986. The credit union said its mission is to promote economic justice and opportunity, by providing high quality, affordable financial services and community development investments in low-income, immigrant, and other underserved New York City neighborhoods, including its diverse membership in Manhattan’s Lower East Side, East Harlem, and Staten Island’s North Shore. “We are thrilled to welcome Maureen, who brings tremendous experience and a strong commitment to our mission,” said Deyanira Del Rio, LES People’s board chair. “We look forward to working with Maureen to effectively lead our credit union in its next stage of growth.”
New CEO At Star of Texas
In Austin, Texas, the $35-million Star of Texas Credit Union has named Stephanie Sievers as its new president/CEO, effective Feb. 4, 2019.
Sievers comes to Star of Texas from Pink Strategies, LLC, where she was the contract chief executive officer for Sisseton-Wahpeton FCU in Agency Village, S.D. She was responsible for working with NCUA, the Sisseton-Wahpeton board of directors, and the employees of the credit union to implement regulatory compliance, operational efficiencies, and profitability. At Sisseton-Wahpeton, Sievers improved ROA from -2.45% to 0.16% and grew net worth from -11.76% to 0.9%, according to Credit Union Resources, which handled the executive search.
Prior to Sisseton-Wahpeton, Sievers was the chief executive officer at ANECA FCU in Shreveport, La. Sievers currently serves on the boards of the Credit Union National Association, the Louisiana Credit Union League, Shreveport/Bossier Credit Union Executive Association, and CU*South.
New CEO at SkyOne
Separately, in Hawthorne, Calif., SkyOne FCU has named Joseph Whitaker as its new president/CEO. Whitaker will succeed long-time CEO Eileen Rivera, who will retire after 31 years. Whitaker currently serves as executive vice president at the $464-million credit union.
Prior to joining SkyOne, Whitaker was chief operating officer at Kinecta Federal Credit Union for seven years, and prior to that EVP and chief operating officer at Truliant Federal Credit Union in North Carolina. With more than 27 years of credit union experience, Whitaker has held numerous Board leadership positions in the credit union industry and the community.
"I am grateful and honored to be selected as the next CEO of SkyOne Credit Union,” said Whitaker. “SkyOne has a long, successful history of meeting member’s financial needs. I am looking forward to working with the board and our employees to continue to enhance the quality of our member's financial lives."
O’Rourke & Associates handled the executive search.