Leadership Overview
Royal Credit Union has 6 executives leading key functions including strategy, financial oversight, and technology development.
Committed to member-owned financial success, Royal Credit Union delivers comprehensive banking services while maintaining a cooperative philosophy that prioritizes community growth and long-term financial stability for every member across the region.
Committed to member-owned financial success, Royal Credit Union delivers comprehensive banking services while maintaining a cooperative philosophy that prioritizes community growth and long-term financial stability for every member across the region.
Leadership Roles at Royal Credit Union
Charles Grossklaus - Chief Executive Officer
Charles Grossklaus, the Chief Executive Officer at Royal Credit Union, directs the overarching strategic vision for the cooperative. Grossklaus manages the alignment of member-owned financial services with long-term institutional goals. By overseeing the expansion of savings and loan products, the Chief Executive Officer ensures the organization maintains a competitive edge within the regional banking landscape. This leadership role involves constant collaboration with the Board to refine operational policies and enhance member value. Charles Grossklaus drives the implementation of sustainable growth initiatives that support the financial health of the entire membership base. Through rigorous analysis of market trends, the Chief Executive Officer identifies opportunities for service diversification. Ultimately, Grossklaus secures the cooperative's position as a trusted financial partner by fostering a culture of transparency and member-centric decision-making across all departments.
Brandon Riechers - President & Chief Executive Officer
Brandon Riechers, the President & Chief Executive Officer at Royal Credit Union, architects the daily operational framework for the financial cooperative. Riechers oversees the execution of corporate objectives, ensuring that banking services remain accessible and efficient for all members. By driving North American initiatives focused on member engagement, the President & Chief Executive Officer strengthens the cooperative's market presence. This leadership role requires constant coordination with executive teams to optimize service delivery and loan processing workflows. Brandon Riechers monitors performance metrics to guarantee that the organization meets its fiscal targets while upholding the core mission of member-owned banking. Through strategic planning, the President & Chief Executive Officer fosters innovation in financial product offerings. Ultimately, Riechers maintains the integrity of the cooperative model by balancing aggressive growth targets with the fundamental commitment to member prosperity.
Jon Hehli - Chief Financial Officer
Jon Hehli, the Chief Financial Officer at Royal Credit Union, manages the fiscal health and capital allocation strategies for the organization. Hehli oversees the treasury functions, ensuring liquidity and regulatory compliance across all financial service lines. By directing the internal audit and risk management departments, the Chief Financial Officer protects the cooperative's assets against market volatility. This leadership role involves providing critical data-driven insights to the executive team to support informed decision-making regarding loan portfolios and interest rate structures. Jon Hehli drives the development of robust financial reporting systems that enhance transparency for members and stakeholders. Through meticulous oversight of the balance sheet, the Chief Financial Officer optimizes capital efficiency to support long-term institutional stability. Ultimately, Hehli ensures that the financial foundation remains strong enough to sustain the cooperative's mission of providing affordable banking solutions.
Joseph Hasto - Executive Vice President & Chief Financial Officer
Joseph Hasto, the Executive Vice President & Chief Financial Officer at Royal Credit Union, directs the strategic investment and asset management operations. Hasto oversees the long-term financial planning processes, ensuring that the cooperative's capital reserves align with growth objectives. By managing the institutional investment portfolio, the Executive Vice President & Chief Financial Officer mitigates financial risk while seeking sustainable returns. This leadership role involves coordinating with the finance department to streamline budgeting and forecasting procedures. Joseph Hasto drives the implementation of advanced financial modeling tools that improve the accuracy of revenue projections. Through the analysis of regional economic indicators, the Executive Vice President & Chief Financial Officer identifies emerging opportunities for portfolio diversification. Ultimately, Hasto secures the financial future of the cooperative by maintaining a disciplined approach to capital management and fiscal responsibility.
Ryan Balts - Executive Vice President & Chief Financial Officer
Ryan Balts, the Executive Vice President & Chief Financial Officer at Royal Credit Union, directs the operational accounting and tax compliance functions. Balts oversees the daily financial operations, ensuring that all transactions adhere to strict regulatory standards. By managing the accounts payable and receivable departments, the Executive Vice President & Chief Financial Officer optimizes cash flow management across the cooperative. This leadership role involves working closely with the audit team to maintain accurate financial records and reporting. Ryan Balts drives the implementation of automated accounting software to reduce manual errors and improve processing speeds. Through the oversight of internal controls, the Executive Vice President & Chief Financial Officer ensures the integrity of the cooperative's financial data. Ultimately, Balts supports the organization's mission by providing the precise financial information necessary for effective resource allocation and strategic planning.
Adam Kinnard - Executive Vice President & Chief Technology Officer
Adam Kinnard, the Executive Vice President & Chief Technology Officer at Royal Credit Union, architects the digital infrastructure and cybersecurity framework for the cooperative. Kinnard oversees the development of online banking platforms and mobile applications, ensuring seamless access for members. By directing the IT department, the Executive Vice President & Chief Technology Officer drives the integration of modern financial technologies that enhance operational efficiency. This leadership role involves collaborating with other executives to align technical capabilities with the broader business strategy. Adam Kinnard monitors emerging threats to ensure the protection of member data and the resilience of core banking systems. Through the deployment of scalable cloud solutions, the Executive Vice President & Chief Technology Officer supports the organization's digital transformation efforts. Ultimately, Kinnard maintains a secure and innovative technological environment that empowers members to manage their finances with ease.

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