Leadership Overview
Royal Credit Union has 6 executives leading key functions including strategic oversight, financial management, and technology infrastructure.
Committed to member-owned financial success, Royal Credit Union delivers comprehensive banking solutions while maintaining a strong cooperative mission across the Midwest region.
Committed to member-owned financial success, Royal Credit Union delivers comprehensive banking solutions while maintaining a strong cooperative mission across the Midwest 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 long-term growth initiatives while ensuring alignment with member-owned financial principles. By overseeing the executive leadership team, the Chief Executive Officer maintains operational stability across all banking divisions. This role involves constant engagement with the Board to refine service delivery models and expand market reach throughout the Midwest. Charles Grossklaus monitors economic trends to adjust lending and savings strategies, ensuring the institution remains competitive. Through rigorous oversight of organizational performance, the Chief Executive Officer drives sustainable value for members. The leadership approach focuses on balancing prudent risk management with the expansion of digital and physical financial services. Ultimately, Grossklaus secures the financial health of the cooperative by fostering a culture of member-centric innovation and operational excellence.
Brandon Riechers - President & Chief Executive Officer
Brandon Riechers, the President & Chief Executive Officer at Royal Credit Union, executes the daily operational agenda and corporate strategy. Riechers leads the implementation of member-focused banking programs, ensuring that savings and loan products meet evolving market demands. As the President & Chief Executive Officer, the executive coordinates cross-departmental efforts to optimize service efficiency. This leadership position requires constant collaboration with senior management to refine the cooperative's market position. Brandon Riechers drives regional expansion initiatives, focusing on scaling operations to reach more members effectively. By analyzing performance metrics, the President & Chief Executive Officer identifies opportunities for process improvement and revenue growth. The role involves maintaining high standards of regulatory compliance while fostering member trust. Through strategic decision-making, Riechers ensures the institution remains a pillar of financial stability and community support within the broader banking landscape.
Jon Hehli - Chief Financial Officer
Jon Hehli, the Chief Financial Officer at Royal Credit Union, manages the fiscal health and capital allocation strategies of the cooperative. Hehli oversees the accounting, budgeting, and financial reporting functions to ensure transparency and accuracy. As the Chief Financial Officer, the executive monitors liquidity levels and investment portfolios to support long-term stability. This role involves providing critical data to the Board to inform strategic planning and resource distribution. Jon Hehli directs the financial planning processes, ensuring that all banking services remain profitable while serving member needs. By analyzing market volatility, the Chief Financial Officer mitigates financial risks and optimizes the balance sheet. The position requires constant interaction with regulatory bodies to maintain compliance with industry standards. Through precise financial modeling, Hehli supports the growth of the institution, ensuring that capital remains available for member loans and essential infrastructure investments.
Ryan Balts - Executive Vice President & Chief Financial Officer
Ryan Balts, the Executive Vice President & Chief Financial Officer at Royal Credit Union, architects the treasury management and asset-liability strategies. Balts oversees the internal audit functions and financial controls to protect member assets. As the Executive Vice President & Chief Financial Officer, the executive drives the development of pricing models for loan and deposit products. This role involves coordinating with other C-suite leaders to align financial goals with the cooperative's broader mission. Ryan Balts manages the capital structure, ensuring the institution maintains sufficient reserves for regional economic shifts. By implementing advanced financial analytics, the Executive Vice President & Chief Financial Officer improves operational efficiency and cost management. The position requires deep engagement with financial forecasting to support strategic expansion. Through rigorous oversight of fiscal performance, Balts ensures the long-term viability of the cooperative's financial services and member-focused programs.
Joseph Hasto - Executive Vice President & Chief Financial Officer
Joseph Hasto, the Executive Vice President & Chief Financial Officer at Royal Credit Union, manages the strategic tax planning and regulatory reporting functions. Hasto oversees the financial compliance frameworks to ensure adherence to banking laws and cooperative standards. As the Executive Vice President & Chief Financial Officer, the executive directs the development of long-term financial projections to guide institutional investment. This role involves working closely with the Board to evaluate the financial impact of new service offerings. Joseph Hasto monitors the performance of various financial products, ensuring that loan portfolios remain healthy and profitable. By optimizing the tax strategy, the Executive Vice President & Chief Financial Officer maximizes the resources available for member benefits. The position requires constant analysis of economic indicators to adjust financial policies. Through meticulous oversight of financial operations, Hasto supports the cooperative's commitment to fiscal responsibility and sustainable growth.
Adam Kinnard - Executive Vice President & Chief Technology Officer
Adam Kinnard, the Executive Vice President & Chief Technology Officer at Royal Credit Union, directs the digital transformation and information security initiatives. Kinnard oversees the development of scalable banking platforms and mobile applications to enhance member accessibility. As the Executive Vice President & Chief Technology Officer, the executive manages the IT infrastructure and data architecture to ensure seamless service delivery. This role involves collaborating with the leadership team to integrate new financial technologies into existing banking workflows. Adam Kinnard drives cybersecurity strategies to protect member data and maintain institutional integrity. By evaluating emerging tech trends, the Executive Vice President & Chief Technology Officer identifies opportunities to automate internal processes and improve operational speed. The position requires constant oversight of software development lifecycles and network reliability. Through innovative technology solutions, Kinnard supports the cooperative's mission to provide modern, secure, and efficient financial services.

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