Robins Financial Credit Union CEO readies for retirement
After more than two decades at Robins Financial Credit Union in Warner Robins, Ga., John Rhea will retire in March.
Rhea first came to the $2.7 billion-asset Robins Financial CU in 1996. In 2008, he was promoted from executive vice president to his current role as president and CEO. He has been in the financial services industry for more than 40 years, beginning his career with Barclays American Financial in 1976, later moving to Barnett Bank in 1986.
During his 11 years at the helm, Robins Financial more than doubled its asset size. It is the second-largest credit union in Georgia and serves more than 212,000 members worldwide with 22 branches.
On Friday, the credit union said it selected D. Hilton Associates to conduct a nationwide search to find Rhea’s successor.
In its most recent call report, Robins Financial Credit Union earned about $32.3 million for the first nine months of this year, an increase of 3% from the first three quarters of 2018. As of Sept. 30, it was well capitalized with a net worth ratio of 18.08%.
“I have had such a tremendously rewarding career and 23 happy and fulfilling years with Robins Financial Credit Union,” Rhea said in a press release. “I have been so fortunate to have had the support and confidence of the board over the past 11 years to lead the credit union to what it has become, and I am so very grateful for the support of the management, staff, and community.”