New year, new leadership at CrossRoads Financial FCU
Portland, Ind.-based CrossRoads Financial Federal Credit Union started the new year with new leadership.
Donald Gillespie took the helm as president and CEO on Jan. 1. He has more than 20 years of experience in banking and management, and joined the $57 million-asset institution in 2011 as a senior loan officer and financial counselor.
“Donald has been a part of the CrossRoads team and during that time he has demonstrated his leadership qualities and dedication to services for the credit union members,” Joday Auker, CrossRoads board chair, said in a press release.
Gillespie holds degrees in finance/economics and political science from the University of Indianapolis, and has served on a variety of community boards and as a city court judge.
Gillespie’s predecessor, Janet Bantz, guided the credit union for the past 31 years before her retirement.
“I am honored to be named as the successor of Janet E. Bantz and to serve as the credit union’s next CEO,” Gillespie said. “We will continue to follow our mission of helping members meet their financial needs and improving the communities we serve as we guide the credit union into the future.”
CrossRoads Financial posted net income of about $692,000 during the first three quarters of 2019, according to call report data, an increase of more than 25% from one year prior.