
Embold Credit Union suddenly searching for new CEO
The $598 million-asset credit union has separated from president and chief executive Aaron Goff, who led the organization for more than seven years.
Embold Credit Union in Oregon and its longtime CEO, Aaron Goff, have parted ways.
An email sent from Tyfone to Goff bounced back Thursday with the message that Goff was no longer with the Milwaukie-based company and that messages should be directed to interim CEO, Rani Khouri.
Khouri is Embold’s chief financial officer.
Goff later confirmed to Tyfone that he was no longer with the company but said that he could not provide further details.
Messages left with Khouri were not returned, and the Embold website had no mention of the change.
Goff joined Embold as its president and CEO in 2018. Prior to that, he served as chef executive of Public Safety Credit Union in Kansas City.
During his time at the $598 million-asset Embold, Goff oversaw a rebrand among other accomplishments. The company was previously named Clackamas Federal Credit Union, but changed its name in February 2023.
The credit union at that time also expanded its service area to include Marion, Multnomah, Polk, Washington, and Yamhill counties in Oregon.
Goff in 2023 was named a Credit Union Rock Star by the editorial team of Credit Union Magazine.
Emboold has 36,000 members and earned roughly $1.4 million in 2024 after losing $675,000 the year before, according to National Credit Union Administration call report data.
Its assets have declined in the past few years, falling from $613.5 million in 2021 to $598 million today.