INDIANAPOLIS–Cameron Minges, president and CEO of Financial Center First CU, has announced plans to retire at year end, and the credit union has named an interim president and CEO effective August 11 to serve while a search takes place for a successor.
The $920.6-million Financial Center FCU said it has selected former CEO Kevin Ryan to serve in the interim role. The search is being led by DDJ Myers, an ALM First company.
“Minges, who has been with the organization for the last 12 years, has led the organization since 2022. He will continue to support the credit union in a strategic consulting role through the end of 2025,” the credit unoin said in a statement. “During his three-year CEO tenure, Minges’ visionary approach resulted in modernization initiatives that expanded the credit union’s infrastructure and focused on creating better, faster, and easier member experiences.”
Initiatives Launched
Under Minges’ leadership, Financial Center said it:
- Launched a state-of-the-art digital banking platform
- Introduced a full suite of traditional mortgage products
- Opened two new branches in Hamilton County and Hancock County
- Successfully completed mergers with the Muncie Post Office Credit Union and Indianapolis Post Office Credit Union.
Financial Center First said that during this period of transformation it saw 12.64% asset growth, 18.69% capital growth, strengthened its commitment to financial inclusion, deepened its roots in the communities it serves, and “nurtured a culture rooted in core values of caring, listening, learning, solving, and acting.”
‘Incredible Privilege’
“It has been an incredible privilege to serve our members and lead such a dedicated team of 200 financial professionals,” said Minges in a statement. “I’m proud of what we’ve accomplished together to make our credit union more accessible, innovative, and inclusive. I leave knowing the organization is strong, and in excellent hands with Kevin until a long-term CEO is named.”
‘Extensive Experience’
The credit union said that Ryan, who previously served as CEO for 12 years, brings “extensive credit union leadership experience and deep institutional knowledge.”
In addition to his previous tenure at Financial Center, Ryan has held executive roles within the broader credit union system, owned a consulting firm specializing in executive benefits, and currently serves on the board of the Worldwide Foundation of Credit Unions.
“Kevin’s history with our credit union, combined with his ongoing service to the global credit union movement, makes him uniquely positioned to lead during this transition,” Board Chair Tom Spahr said in a statement. “We are grateful to Cam for his extraordinary leadership and the transformation that his tenure provided us, and we look forward to a strong future ahead.”
Michaels Exits OneAZ Credit Union
Separately, in Phoenix, Brandon Michaels has resigned as CEO of the $3.6-billion OneAZ Credit Union. Brandon took the helm in May of 2023.
CFO Michael Boden has been named interim CEO.
Prior to joining OneAZ Credit Union, Michaels was head of corporate developmentfor Allied Solutions, and prior to that was president and CEO of Wllby Financial Credit Union in Houston and Mazuma Credit Union in Kansas City.
OneAZ has approximately 211,000 members.
