Rocky Mountain Credit Union Announces the Retirement of CEO Steve Sendon
- CATEGORY: Executive Recruiting
After a nationwide search, Partner Colorado Credit Union has selected Mr. Doug Fagan, the current CFO, as its next President and Chief Executive Officer. After serving the credit union and its members for 20 years as CEO and 26 years in total, Sundie Seefried announced her retirement, effective July 1, 2021. Seefried will be CEO of Safe Harbor Financial, LLC. Fagan has been the Chief Financial Officer for almost four years.
“We are very excited to have the opportunity to appoint Doug as President and CEO as we value his contributions to our success. He has demonstrated his commitment to our mission and core values since joining Partner Colorado in 2017 and we are confident that he will continue to ensure quality service to members and community engagement. We look forward to seeing the continued growth and success of the credit union under his leadership,” said Linda Head, Chairperson of the Board.
Mr. Fagan brings over 34 years of experience in the credit union industry to this new role having previously served as the Senior Vice President of Finance at MIDFLORIDA Credit Union for seven years. Mr. Fagan was also the Vice President of Finance at Bay Gulf Credit Union before it merged with MIDFLORIDA in 2010. Fagan holds a Bachelor of Science in Accounting and Finance from Florida Southern College and an MBA in Business Administration with a concentration in Accounting from the University of Tampa.
When asked about his new position Mr. Fagan said, “I am very honored to be given the opportunity to lead the credit union. I have big shoes to fill but I am excited and ready to continue the growth and success of Partner Colorado.”
Partner Colorado Credit Union was founded in 1931 and serves over 36,000 members with assets totaling over $564 million. Partner Colorado provides financial benefits to those who live or work within Adams, Denver, Jefferson, Douglas, or Arapahoe Counties, as well as people who are current or retired Colorado employees of the United States Postal Service, Denver Water, or HealthONE Hospitals, and any affiliated organizations or their family members. Partner Colorado is committed to making a difference to people within their community with scholarships, community grants, charitable donations, and volunteer work. Additionally, Partner Colorado has a cannabis-related division, Safe Harbor Private Banking, serving the banking needs of legal, licensed cannabis businesses. For more information, go to safeharborprivatebanking.com.
DOWNLOAD DOCUMENTD. Hilton Associates, Inc. specializes in the financial services industry, so we really know your business. For more information on each of our areas of practice, give us a call at (800) 367-0433 or send us a message online.
CONTACT D. HILTON