Montana Credit Union President and CEO Tracie Kenyon plans to retire in May 2023 after nearly 22 years of service, according to a statement prepared by the state trading group.
“I have loved serving Montana Credit Unions as President and CEO of their trade association. Together, we have done incredible work to improve the credit union movement,” Kenyon said in a prepared statement released Friday. “I expect MCU to continue to thrive after I retire, and I am dedicated to helping with the transition.”
Before joining MCU in 2001, Kenyon was senior vice president of the Utah Credit Union League.
During his tenure, MCU launched Montana Credit Unions for Community Development, a charitable organization that combines advocacy efforts with awareness and development; and Montana Credit Union League Group Benefit Trust, a self-funded benefits plan for Montana credit union employees that incorporates holistic approaches to wellness, including financial wellness.
Tracie KenyonKenyon received the Farley Leadership Award in 2017 and his credit union development education project, MCUCD, received the Herb Wegner Memorial Award from the National Credit Union Foundation in 2009.
In addition to her work in the trade association, Kenyon served as chair of the board of directors of the American Association of Credit Union Leagues and the Filene Research Institute. She has also served on the Board of the National Credit Union Foundation and the Executive Committee of CUNA. She currently serves on the board of Western CUNA as Treasurer.
“We thank Tracie for her outstanding dedication and passion for the credit union movement, and wish her continued success in her retirement,” said Jeremy Presta, Chairman of MCU’s Board of Directors and President and CEO of the $405 million Park Side Credit Union in Whitefish.
Presta also reiterated that the trade group will remain independent, which the MCU Board of Directors announced at its annual members meeting in May.
“We have strong finances, strong advocacy and service delivery, and strong member engagement,” he said in a prepared statement.
The MCU board has hired Humanidei + O’Rourke to conduct a nationwide search for Kenyon’s successor. Jill Nowacki, who launched her career with Montana Credit Unions 21 years ago, will serve as the lead recruiter for the search.
Currently in Montana, there are 45 NCUA-insured credit unions and one credit union that is insured by American Share Insurance.
Collectively, the state’s credit unions manage more than $8 billion in assets, serve more than 430,000 members and operate 131 branches, according to MCU.