BELLINGHAM, WASHINGTON– (January 2019) Industrial Credit Union is pleased to announce the selection of Brandon Hahnel as the credit union’s new President and Chief Executive Officer.

“The Board of Directors is very excited to welcome Brandon as our new President and CEO,” said Michael Ashby, Chairman of the Board of Directors. “Brandon’s diverse background, unique experiences, and track record of execution is exactly what Industrial Credit Union needs at a time of dynamic change within our industry.  We are confident that we have selected a very strong leader for Industrial Credit Union and that our organization, and membership are safe within his hands.”  Ashby also commended current CEO, Terri Salstrom, for her service to Industrial Credit Union, “On behalf of the Board, I want to thank Terri for her outstanding service to the credit union and wish her a happy and healthy retirement.”

Hahnel has over 14 years of experience within the credit union industry.  He comes to Industrial Credit Union from Whatcom Educational Credit Union where he began his career as a teller and worked his way up to Vice President of Finance and Accounting, Interim CIO, and most recently Vice President of Data Analytics, a role which he has held for the past year.  Hahnel has a Bachelor of Arts in Economics from Western Washington University in Bellingham, Washington, and is currently working towards an MBA from Washington Governor’s University in Kent, Washington.  He is a current Board member for United Way of Whatcom County.

When asked about his new position, Hahnel stated, “I joined the credit union industry 14 years ago and was immediately captivated by the vision and mission of the credit union movement.  I am thrilled to have been offered the role of President and CEO at Industrial Credit Union, and very much look forward to leading the team and serving the membership.”

About Industrial Credit Union

Industrial Credit Union originated in 1941 in the kitchen of a small, white house to serve employees of the Puget Sound Pulp and Timber Company. Today, they have grown to have over $246 million in assets and 26,000 members. As of 2000, Industrial Credit Union has opened membership to anyone who lives or works in Washington State. The credit union aims to fulfill the financial needs of individuals and small businesses through cooperative financial services to strengthen the community. Industrial Credit Union upholds the values of accountability, dependability, integrity, and stability to provide superior, personalized service to all members. To learn more, visit www.industrialcu.org.