Brandon Riechers, 42, was named president/CEO of the $2.1billion Royal Credit Union in Eau Claire, Wis., Board Chair DougOlson said Tuesday.
Riechers succeeds former President/CEO RudyPereira who resigned in April to become the new president/CEOof the $2.3 billion Premier America Credit Union inChatsworth, Calif.
|Riechers started at Royal in 1996 as a branch financial salesrepresentative while he was a student at University of Wisconsin.He advanced through several leadership roles at Royal in lending,and has served as the credit union's executive vice president chieflending officer since 2012.
|In 2014, Riechers was recognized as a CU Times Trailblazer 40 Below thatfeatures young executives.
|He led the expansion of Royal's Minnesota markets by negotiatingacquisitions of a bank and a bank branch. He also helped growRoyal's loan portfolio through business services innovation.
|“We owed it to our members to conduct a nationwide search andconsider all candidates,” Olson said. “We chose Brandon because heis a values-driven, member focused, strategic leader who isrespected throughout the community and the credit union industry.Brandon is ready to lead Royal into the future.”
|Royal is Wisconsin's fifth largest credit union by assets andserves 183,935 members.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
