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 strong cooperative philosophy across the Midwest region to ensure long-term economic stability for all members.
Committed to member-owned financial success, Royal Credit Union delivers comprehensive banking services while maintaining a strong cooperative philosophy across the Midwest region to ensure long-term economic stability for all members.
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-focused financial services with long-term institutional growth. By overseeing the executive leadership team, the Chief Executive Officer ensures that all departments maintain compliance with regulatory standards while expanding the reach of savings and loan products. This leadership role involves constant evaluation of market trends to maintain competitive interest rates for members. Charles Grossklaus drives the organizational culture toward excellence and community engagement. Through rigorous analysis of operational performance, the Chief Executive Officer optimizes resource allocation to support the cooperative mission. Ultimately, Grossklaus secures the financial health of the institution by fostering sustainable growth and prioritizing the needs of the membership base across the entire operational footprint.
Brandon Riechers - President & Chief Executive Officer
Brandon Riechers, the President & Chief Executive Officer at Royal Credit Union, architects the daily operational execution of the cooperative. Riechers oversees the integration of member services with modern banking technology to enhance user experience. By coordinating with the Board, the President & Chief Executive Officer defines the roadmap for regional expansion and service diversification. This leadership role involves managing complex financial portfolios to ensure liquidity and member security. Brandon Riechers drives the implementation of digital banking initiatives that streamline loan processing and savings management. Through active engagement with community stakeholders, the President & Chief Executive Officer strengthens the market position of the organization. Ultimately, Riechers maintains the integrity of the cooperative model by balancing aggressive growth targets with the fundamental commitment to providing accessible financial solutions for every member.
Jon Hehli - Chief Financial Officer
Jon Hehli, the Chief Financial Officer at Royal Credit Union, manages the fiscal integrity and capital structure of the cooperative. Hehli oversees the accounting departments and ensures accurate financial reporting for all banking operations. By analyzing economic data, the Chief Financial Officer provides critical insights for investment decisions and risk management strategies. This leadership role involves maintaining robust internal controls to protect member assets. Jon Hehli drives the development of financial models that support the expansion of loan portfolios and savings programs. Through collaboration with other executive leaders, the Chief Financial Officer aligns budgetary priorities with the long-term goals of the organization. Ultimately, Hehli secures the financial stability of the institution by optimizing capital efficiency and ensuring that all fiscal activities remain consistent with the cooperative mission of providing value to members.
Joseph Hasto - Executive Vice President & Chief Financial Officer
Joseph Hasto, the Executive Vice President & Chief Financial Officer at Royal Credit Union, directs the treasury functions and liquidity management strategies. Hasto oversees the balance sheet optimization to ensure the cooperative maintains sufficient capital for lending activities. By monitoring interest rate fluctuations, the Executive Vice President & Chief Financial Officer mitigates financial risk across the organization. This leadership role involves managing relationships with external financial partners to secure favorable funding conditions. Joseph Hasto drives the implementation of advanced financial forecasting tools that improve the accuracy of revenue projections. Through rigorous oversight of the financial planning process, the Executive Vice President & Chief Financial Officer supports the strategic growth of the credit union. Ultimately, Hasto ensures the long-term solvency of the institution by maintaining a disciplined approach to asset and liability management.
Ryan Balts - Executive Vice President & Chief Financial Officer
Ryan Balts, the Executive Vice President & Chief Financial Officer at Royal Credit Union, manages the regulatory reporting and tax compliance frameworks. Balts oversees the internal audit functions to ensure adherence to financial standards and cooperative bylaws. By evaluating the performance of various financial products, the Executive Vice President & Chief Financial Officer identifies opportunities for cost reduction and operational efficiency. This leadership role involves preparing detailed financial disclosures for the Board and regulatory bodies. Ryan Balts drives the adoption of automated financial systems that streamline reporting cycles and improve data accuracy. Through strategic analysis of market conditions, the Executive Vice President & Chief Financial Officer supports the development of competitive loan pricing models. Ultimately, Balts protects the financial reputation of the organization by maintaining high standards of transparency and fiscal accountability.
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 that powers all banking services. Kinnard oversees the cybersecurity protocols and data protection measures necessary to safeguard member information. By directing the software development teams, the Executive Vice President & Chief Technology Officer ensures the seamless operation of online and mobile banking platforms. This leadership role involves evaluating emerging technologies to enhance the efficiency of loan processing and account management. Adam Kinnard drives the digital transformation strategy that allows the cooperative to compete in a modern financial landscape. Through collaboration with the executive team, the Executive Vice President & Chief Technology Officer aligns technical capabilities with the broader business objectives. Ultimately, Kinnard maintains the reliability of the technological ecosystem by prioritizing system uptime and user-centric design.

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