PHOENIX—Two credit unions have named new leadership.
In Arizona, the $3.65-billion OneAZ Credit Union has named Mike Boden as president & CEO. Boden, who previously served as Chief Financial Officer and most recently as interim CEO, has more than 25 years of leadership experience and a “strong commitment to values-based service,” the credit union said.
“Mike is the right leader to serve OneAZ in the next chapter,” Chair Georganna Meyer said in a statement. “He’s exemplified a strong, future-forward mindset and a deep respect for the values that OneAZ holds dear. For the past 10 years at OneAZ, Mike has earned the trust and support of OneAZ’s associates and the community. The board of directors is confident in his ability to serve our members and strengthen our community.”
Boden joined OneAZ in 2014. As CFO, the credit union said he’s played an integral role in overseeing the credit union’s financial stability and security, while guiding the organization’s growth and resilience. Mike has also been a member of OneAZ for over 30 years.
‘Humbled & Honored’
“I’m humbled and honored to serve as CEO of OneAZ and to steward this incredible organization into the future,” Boden said in a statement. “My personal commitment is to lead with integrity, reinforce our values and purpose, and to always put people – our associates and members – at the heart of every decision.”
Before joining OneAZ, Boden spent 20 years in progressive leadership roles at American Express, including serving as controller for Global Corporate Payments and Global Travel Services, director of International Finance & Reporting, and manager of International Treasury Services, the credit union said.
New CEO At PowerNet CU
In Tampa, Fla., the $117-million PowerNet Credit Union has named Rob Picard as its new CEO, succeeding CEO Don Prue, who is retiring after more than 20 years of distinguished service. Prue will remain as president until the end of the 2026 to “help ensure a smooth leadership transition and ongoing stability for our members,” the credit union said.
Picard has more than 20 years of financial industry experience in strategic leadership, growth management, and mission-driven service to labor communities.
“We are thrilled to welcome Rob as our next CEO,” Chair Shawn McDonnell said in a statement. “His experience, integrity, and vision for expanding value to our labor partners and their families make him the ideal leader to take PowerNet CU into its next chapter.”
Native of Maine
Born and raised in Maine, Picard is an accomplished financial executive and community leader, according to PowerNet. Picard began his financial career in 2006 serving in key roles at MBNA, Bank of America, TD Bank, and Ameriprise Financial. He entered the credit union movement in 2017.
In 2019, Picard became president and CEO of Changing Seasons FCU. Under his leadership, the credit union achieved a remarkable 39% growth rate and doubled net income for four consecutive years, despite the most challenging economic conditions in modern history, PowerNet CU said.
In 2023, he successfully guided Changing Seasons FCU through a strategic merger with University CU, expanding the combined organization to more than $600 million in assets.
Most recently, Picard served as a fractional CFO with Aux Financial, supporting credit unions from $800 million to $2 billion in assets.
“I am deeply honored to lead PowerNet CU,” said Picard. “This credit union, under Don Prue’s leadership, has a powerful legacy of serving Florida’s labor community with integrity and purpose. I look forward to building on those relationships, expanding membership, and ensuring our union partners and their families have access to the best financial tools and support in the state.”
