Utah Community Credit Union has named Justin Olson as its next president and CEO.

Olson has been with the $3 billion-asset credit union in various capacities for 23 years. Most recently, he served as UCCU’s chief information officer.

He replaces Bret VanAusdal, who is retiring after leading the credit union for more than six years and working at Provo, Utah-based UCCU for more than 28 years.

“Through executing the credit union’s strategic plan, I believe UCCU can help even more members reach their financial goals while making a meaningful impact on the lives of the people and communities we serve,” Olson said in a press release.

The credit union has more than 240,000 members that it serves with more than 20 branches across north central Utah.

“Beyond his innovative mindset, strategic foresight, and ability to leverage technology to enhance operational efficiency and member satisfaction, [Justin] has developed a reputation for integrity, dedication, and excellence that extends beyond our credit union’s walls, earning him admiration and trust from various stakeholders,” said Linda Makin, UCCU’s board chair, in the release.

During his tenure, VanAusdal oversaw plans for a multi-year donation to Utah Valley University totaling $28.5 million. It is the largest single gift in UVU’s history.

Roughly $20 million of that donation will go toward the new soccer stadium.

UCCA earned roughly $19.5 million through the second quarter of 2024, a 12% increase compared to a year earlier, according to call report data from the National Credit Union Administration.

“[Justin] has developed a reputation for integrity, dedication, and excellence that extends beyond our credit union’s walls, earning him admiration and trust from various stakeholders.”

 – Linda Makin
Board Chair
UCCU