Penn State Federal Credit Union has been serving the Penn State community since 1959 by providing low-fee financial services and unparalleled customer commitment, working to preserve members' assets while providing financial services to meet members' needs. The Credit Union is one of the strongest financial institutions in the area and has consistently been named Best Bank/Credit Union in the Best of State college survey. They are passionate about serving the membership and the community; have a family and employee centric culture; embrace the credit union philosophy of “People Helping People” and have a mission where members help members every day in the ordinary and extraordinary moments of their lives.
Due to the upcoming CEO retirement, Penn State Federal Credit Union is in search of a forward -thinking and community driven executive to join their team as the next President / Chief Executive Officer . The new CEO must have the ability to work collaboratively with the Board of Directors and the team to drive the organization’s vision and values to ensure its continued financial health, outstanding service, and strong community presence in the marketplace. They will be responsible for establishing and executing major goals and objectives of the Credit Union and interpret and implement policies and procedures established by the Board of Directors. They will provide leadership, direction, and guidance of credit union activities; analyze the effectiveness of all operations; and develop and maintain organizational structure and effective personnel. They will also drive the strategic planning process and represent Penn State Federal Credit Union to regulatory agencies, trade associations, community and civic organizations, members, and other financial institutions and be responsible for fostering and maintaining a positive workplace culture that values collaboration and trust.
The ideal candidate should have a passion for the industry, be an effective strategist with excellent communication skills who is devoted to the vision, strategy, community involvement and core values of the Credit Union. The successful candidate must possess a bachelor’s degree, at least ten years of progressive experience in the industry with five years’ experience leading a financial institution as a senior executive.
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