Credit Union of America Names New President/CEO
The Credit Union of America (CUA) Board of Directors is pleased to announce Frank Shoffner as CUA’s new President, effective December 1, 2017.
Current President and CEO, Bob Thurman, will be retiring after a 43-year career with Credit Union of America, effective March 1, 2018. Shoffner will then become President and CEO.
Shoffner, born and raised in Caldwell, Kansas, has lived, worked, and raised his family in Wichita since 1989. He graduated from high school in Spearville, Kansas, received his Associates degree from Hutchinson Community College, and a Bachelors degree in Business Administration from the University of Arkansas.
Over the past 23 years Shoffner has served CUA members as Vice President of Lending, Senior Vice President of Lending, and, most recently, Chief Operating Officer. His tenure also includes nine years of overseeing retail branch operations. He has been instrumental in developing systems and personnel to position CUA as the leading auto lender in the Wichita metropolitan area, including a robust indirect lending program.
Mr. Shoffner shares, “I’m quite fortunate to have the opportunity to work for and now lead Credit Union of America in its future growth and service to the membership. It’s invigorating to be part of an organization that offers a friendly and open culture to all that come through our doors. We’re a market leader not only in growth, but also innovation, and service. It feels good to know that CUA contributes to the overall successes of the communities it serves and the livelihood of our 250 employees.”
David Blakemore, Chairman of CUA’s Board of Directors, led the committee charged with finding Thurman’s successor. He commented, “We are very pleased to be able to select Frank Shoffner as CUA’s new President. Frank is a seasoned credit union executive, who has been key to CUA’s success and embodies CUA’s ‘Welcome to Friendly’ spirit. The CUA Board thanks Bob Thurman for his many years of outstanding leadership at CUA, as well as his many contributions to the credit union movement, both in Kansas and nationally.”
Mr. Thurman stated, “I am extremely thankful for the opportunity to work for this member-driven organization for 43 years and to lead it for the last 37 years. We have built a great organization whose culture is focused on serving our members and creating a thriving working environment. I was fortunate to have a strong team of managers and staff, and the benefit of excellent leadership from our volunteer Board and Supervisory Committee over these many years. I am proud of our accomplishments and I am very confident in Frank Shoffner, his team, and their ability and drive to continue CUA’s success.”