Valley Federal Credit Union
of Billings, Mont., has announced the selection of Michael Silvers
as the credit union's next president/CEO, effective Jan. 23.
succeeds retiring CEO C.H. Steele
, who has provided executive leadership for the past 26 years.
"After a national search, my fellow directors and I are very pleased to announce that Michael is joining our organization," stated Chuck Sommers, chairperson of the board.
"Michael is an astute executive bringing with him more than 32 years of financial services experience in the areas of leadership, management and strategic planning."
Silvers comes to Valley Federal Credit Union from the $432 million Patriot Federal Credit Union in Chambersburg, Pa.
There he served as chief operations officer, overseeing the satisfaction of more than 43,000 members through a variety of touch points including branches, call center, lending and marketing.