This was a thoughtful, thorough process by the Board of Directors. We’ve been lucky enough to have two great leaders in Steve and Bill for the past couple of decades, and now in David Snodgrass we’re confident we have another great leader
Brighton, MI (PRWEB) September 15, 2011
Lake Trust Credit Union’s Board of Directors announced yesterday that David A. Snodgrass will be the organization’s most senior leader as he succeeds Stephan L. Winninger and William Thiess as the CEO/President of the credit union, which celebrated the first anniversary of its merger earlier this year in April.
“This was a thoughtful, thorough process by the Board of Directors. We’ve been lucky enough to have two great leaders in Steve and Bill for the past couple of decades, and now in David Snodgrass we’re confident we have another great leader,” Larry Lehman, Lake Trust Board Chair said. “David will bring great ideas and support to the Lake Trust membership. He is an inspiring innovator and masterful strategist, and strongly believes in community support. He’s been recognized throughout the credit union industry and is well respected by members and his peers. We’re very excited about the future for Lake Trust with David at the helm.”
Snodgrass served as Executive Vice President and Chief Strategy Officer at Affinity Federal Credit Union, a $2 billion credit union, providing leadership in the areas of Marketing/e-Commerce, Human Resources, Affinity Learning Institute, External and Political Affairs, Financial Education, Strategy and Innovation and Business Intelligence functions. He was named to the “Who’s Who of America’s Credit Unions” in 2008, and a “Top 40 Executives Under 40” in 2006 by NJBIZ Magazine. Snodgrass is a member of the National Association of Federal Credit Unions Legislative Committee and Chairman of the Credit Union Executive Society NJ Council. It’s expected he’ll join Lake Trust Credit Union in late October.
“Lake Trust Credit Union has a treasured, meaningful past and an exciting and bright future,” said Snodgrass. “This is an important time for Lake Trust, and I look forward to serving the members of Lake Trust and getting to know the team at Lake Trust.”
Snodgrass succeeds Winninger as CEO and Thiess as President. Both former leaders coordinated their retirement dates with the finalization of the merger between NuUnion and Detroit Edison credit unions. Both have served the credit union for about 20 years and have reputations within the industry for being collaborative and forward-thinking.
Lake Trust Credit Union, as Michigan’s fourth largest credit union and headquartered in Lansing, stretches from Lake Michigan to Lake Huron and Lake Erie. More than $1.6 billion in assets and 21 branches strong, Lake Trust provides over 153,000 members with best-in-class products and offers individualized, trust-based member service. Membership is open to anyone within its 35-county service area. Learn more about Lake Trust Credit Union at laketrust.org. Follow Lake Trust on Twitter @lake_trustcu.