The board of directors of Rye, N.Y.-based USAlliance Federal Credit Union, doing business as USALLIANCE Financial, has appointed Executive Vice President and Chief Financial Officer Brett J. Wheeler to the position of interim CEO, effective June 2, the company said.
In April, the company announced that former CEO Kristin P. VanBeek would be leaving USALLIANCE after more than a decade of service to accept the position of CEO at Rockland Federal Credit Union in Massachusetts, succeeding that firm’s retiring CEO Tom White.
In a prepared statement, USALLIANCE Board Chair Carla Palma said that Wheeler will work closely with Executive Vice President Kevin Randall and the firm’s leadership team as the board conducts its search for a permanent CEO.
Wheeler is an industry veteran with over two decades of credit union experience, including nine years as a financial regulator and six years with USALLIANCE. He holds a B.S. degree in accounting from the University of Alabama at Birmingham.
"We have an amazing team here at USALLIANCE, and I am honored to serve in this role as Interim CEO,” he said in a news release. "The executive team and I have a true passion for the vision and strategy of this organization, and I am excited to guide the organization with Kevin and the rest of the team as we continue our journey with the dozens of exciting initiatives underway to enhance every aspect of the way we serve our members.”
The USALLIANCE board will continue to search for a permanent president/CEO throughout the summer, the company said.
USALLIANCE Financial is a member-owned not-for-profit financial institution offering a full range of checking, savings, and loan products. Since its inception in 1966, USALLIANCE has grown to over $2.9 billion in assets and serves more than 150,000 members across the country.