Indiana State University Federal Credit Union has hired Brian Zuber as its next president and CEO.

He replaces Marie “Sam” Shanks, who is retiring after nearly 40 years with the $132 million-asset organization – the last three as its chief executive.

Zuber was most recently the chief operating officer for Springfield, Illinois-based Heartland Credit Union.

Prior to his time at the $477 million-asset Heartland, Zuber held executive roles at Scott State Bank and Staley Credit Union.

“While we are sad to see Sam depart after her many years of dedicated service, we are confident that Brian’s leadership, experience, and vision will guide the credit union to continued success and growth,” said ISUFCU’s Chairman Randy Jensen in a press release.

In a letter to members on the credit union’s website, Shanks said the time has come for her to step down and pass the torch to a new leader.

“I began my journey with the credit union as a freshman at ISU 42 years ago. I could never have imagined the depth of connections I would form. Each interaction, each decision made has been with a commitment to the credit union values,” she wrote.

The Terre Haute-based Indiana State University FCU has nearly 10,000 members that it serves with one branch.The credit union earned roughly $615,000 in the first half of 2024, a 57% increase compared to a year earlier, according to call report data from the National Credit Union Administration.

“As I prepare to embark on this new phase of life, I am filled with pride for all that we have accomplished. Together, we have weathered storms, navigated uncertain waters and emerged stronger than ever.”

 – Sam Shanks
Retiring CEO
Indiana State University Federal Credit Union