ASTON, Penn.– Sun East Federal Credit Union has named a new CEO to succeed the retiring Michael Kaczenski.
The $836.7-million Sun East FCU has named Debbie Cook to lead the organization.
“Debbie Cook has been an integral part of Sun East’s leadership team, serving as President since August 2023 and previously as Executive Vice President & Chief Financial Officer,” the credit union said in a statement. “With over 30 years of expertise in strategic planning, financial strategy, and member-focused initiatives, Cook has been instrumental in driving Sun East’s growth and innovation. Her leadership was also recognized when she earned the Certified Chief Executive (CCE) designation, a testament to her dedication to excellence and strategic leadership in the credit union industry.”
‘Honored by Trust & Support’
“I am honored to step into the role of CEO at Sun East Federal Credit Union and am deeply grateful to the Board of Directors for their trust and support,” Cook said in a statement. “Sun East has a strong legacy of empowering our members to achieve financial success, and we remain committed to serving them and our community. I look forward to working alongside our dedicated team as we work to enhance the member experience through innovative digital solutions, personalized financial services, and deepening community relationships.”
Added Board Chair Michael Crawford, “As we embark on this next chapter, Debbie’s vision and expertise will be pivotal in strengthening Sun East’s position as a trusted financial partner. We look forward to the positive impact her leadership will bring to our members and communities.”
New Transition
Sun East FCU said Kaczenski’s transition marks the next chapter in his nearly 39-year tenure at Sun East.
“Having started as a teller and rising to CEO, his leadership has been transformative in the credit union’s growth and strengthening its unwavering commitment to its members,” the credit union said.
As he steps into his new role as executive advisor to the credit union, Kaczenski will continue to lend his expertise and strategic insight to support Sun East’s mission, SEFCU added in a statement.
‘Incredibly Proud’
“Leading Sun East has been one of the greatest honors of my life,” said Kaczenski. “I am incredibly proud of what we have built together, and I have full confidence that Debbie will continue to advance our legacy of member service and innovation.”
Added Crawford, “Michael’s vision and leadership have left an indelible mark on Sun East. His dedication and strategic foresight have positioned us for continued success, and we are grateful for his ongoing guidance in his new advisory role.”
CEO Announces Retirement
Separately, in Milwaukie, Ore., Sam Launius has announced he will retire in December. Launius has been with the $340-million credit union for 32 years, the last six as CEO. Launius was CEO of Mountain View FCU in 2005 when it was part of a three-way merger that created Oregonians CU.