DHA NEWS

D. Hilton Associates, Inc. Places New President/CEO at Illiana Financial Credit Union


CALUMET CITY, ILLINOIS (May 26, 2009)– Illiana Financial Credit Union ($160 million in assets) is pleased to announce the selection of James “Jim” Henmueller as the credit union’s new President/Chief Executive Officer. Jim will replace Walter E. Kopacz as he begins his retirement after 32 years of service in the credit union industry, the past 10 years of which he was President/CEO of Illiana Financial.

“After a national search for the right candidate, we are extremely excited to welcome Jim as Illiana Financial’s new President and CEO,” noted Russell Melby, Illiana Financial’s Chairman of the Board. “His past experience in the credit union industry will be utilized well at our organization.”

Henmueller has almost 25 years of senior executive management experience in the credit union industry including serving as President/CEO of Chief Financial Federal Credit Union located in Pontiac, MI and CEO of International UAW Federal Credit Union in Detroit, MI prior to joining Illiana Financial. During his time at Chief Financial FCU, Henmueller dramatically changed the organizations performance, structure and culture. These changes led to an improvement in the credit union’s regulatory ranking to achieve the highest rating for safety and soundness, as well as increasing the field of membership, asset size and capital ratio of the credit union.

“With Jim’s experience and proven ability to implement positive change, we look forward to a future of opportunity and growth,” said Melby. “We trust he will maintain a culture and an organizational philosophy that we have stayed true to for over 70 years of ‘people helping people’ by continuing to provide unprecedented products and services to our valued members.”

About D. Hilton Associates, Inc.
For 25 years, D. Hilton Associates, Inc. has served as a trusted resource for our partners in the credit union industry. D. Hilton employs a select group of professionals that comprise our six practice specialties including Executive Recruiting, Compensation, Retention & Retirement, Mergers, Marketing & Advertising, and Strategic Market Research. For more information on D. Hilton Associates, Inc. and our services, please visit our website at www.dhilton.com. For more specific information on our Executive Recruiting Practice, please call Janice Shisler at 800.367.0433, ext. 119.

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