Georgia Heritage FCU finds next CEO at in-state peer
The $149 million-asset institution hired Matt Selke to replace retiring chief executive Dale Taratuta.
Georgia Heritage Federal Credit Union in Savannah has named Matt Selke as its next president and CEO.
Selke most recently spent 10 years as the CEO of $88 million-asset Pinnacle Credit Union in Atlanta.
At the $149 million-asset Georgia Heritage, Selke replaces CEO Dale Taratuta, who is retiring at the end of August after leading the credit union for 14 years.
Selke told Tyfone he is excited about the opportunities that are in place at Georgia Heritage and looks forward to building on its great history.
“The opportunity was presented to me at a very unique moment in my career,” Selke said. “And I didnt want to miss being part of its bright future.”
Georgia Heritage board chairperson Donna Trapani said she believes Selke will lead the organization with vision and dedication “positively impacting our members and the communities we serve, steering us toward continued growth and success.”
Georgia Heritage has more than 15,000 members that it serves with four branches.
During Selke’s time at the helm, Pinnacle’s net worth rose from 5.8% to 9.25% and its operating income increased by 6.7%.
Prior to his work in the credit union industry, Selke served in the U.S. Army as an infantry squad leader.
Earlier this year, Georgia Heritage closed its merger with G.P.A. Credit Union. On Nov. 29, G.P.A. members voted to approve the deal, which was announced last summer.
Georgia Heritage earned roughly $255,000 through the second quarter of 2024, a 43% decrease compared to a year earlier, according to call report data from the National Credit Union Administration.
“The opportunity was presented to me at a very unique moment in my career. And i didnt want to miss being part of their bright future.”
– Matt Selke
President & CEO
Georgia Heritage Federal Credit Union