Georgia, Arizona, Florida and Texas credit unions name new CEOs
Perhaps most notably, Brandon Michaels has resigned as president and CEO of $3.6 billion-asset OneAZ Credit Union after just two years on the job.
The past week has seen a flurry of changes at the top of sizable U.S. credit unions.
Among those pending CEO changes is Debbie Smith retiring from $2.4 billion-asset Georgia United Credit Union in Duluth.
Smith will step down effective Dec. 31, following more than a decade of leadership. The organization also announced that its president, Laura King, will succeed Smith as president and CEO.
King joined Georgia United in April 2021 and was promoted to president in July 2023.
Georgia United has more than 153,000 members and earned more than $7.7 million through the second quarter, an 11% decrease compared to a year earlier, according to call report data from the National Credit Union Administration.
In Arizona, Brandon Michaels has resigned as president and CEO of $3.6 billion-asset OneAZ Credit Union.
Michaels joined the Phoenix-based organization just two years ago. The credit union’s board appointed its CFO, Michael Boden, as interim CEO.
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Michaels in 2024 oversaw OneAz’s acquisition of $600 million-asset 1st Bank Yuma, the banking subsidiary of Western Arizona Bancorp Inc. After deal completion, OneAZ said it will have more than $4 billion in assets, serving more than 220,000 members throughout Arizona.
OneAZ earned more than $18 million through the second quarter, a 20% increase compared to a year earlier.
In another leadership change, Community Credit Union of Florida named Dan Kelley as the organization’s new President and CEO effective August 1. He replaced Laurie Cappelli, who retired at the end of May.
The $1.4 billion-asset Community Credit Union in Rockledge, Florida, said Kelley was most recently the organization’s chief lending officer.
Community Credit Union of Florida and Launch Credit Union in December announced that they decided not to move forward with their previously proposed merger.
CCUF has more than 55,000 members and earned nearly $3 million through the second quarter, an 8% increase compared to a year earlier.
In Dallas, City Credit Union announced that its president and CEO, Sharon Scearce (Moore),
will retire effective Sept. 30, after 21 years of service.
The $648 million-asset credit union named its chief financial officer, David Frith, as president effective August 1. He will take on the dual role of president and CEO on October 1.
Founded in 1942 as the City of Dallas Employees Credit Union, City CU’s field of membership now includes more than 34,000 consumers across 13 counties in north Texas. City CU earned almost $1.2 million through the second quarter, a 24% decrease compared to a year earlier, the NCUA reported.
“Debbie Smith has been at the helm of Georgia United’s success for more than a decade. Her dedication to serving our members and communities has strengthened Georgia United in every way. Debbie’s legacy is not just in the numbers — it’s in the lives she’s touched and the mission she has advanced.”
– Tom Dickson
Chairman of the Board
Georgia United Credit Union
