MADISON, Wis.—Michael Valentine, CEO at Baxter Credit Union in Vernon Hills, Ill., has been appointed to the CUNA Mutual board of directors.
He replaces director Eldon R. Arnold, who is retiring after more than 12 years of service. Arnold is the retired CEO of CEFCU, Peoria, Ill.
While at BCU, where he has been CEO since 1994, the credit union has grown to 190,000 members and $2 billion in assets.
“BCU’s strong track record of success and growth under Mike’s leadership during very challenging economic times are a testament to his success as a leader,” said CUNA Mutual CEO Bob Trunzo. “He will be a tremendous addition to our organization and the Board of Directors as we continue to focus on how to serve credit unions and their members.”
Replacing Arnold as board chair for the CUNA Mutual Group board is Robert J. Marzec, a retired audit partner of PricewaterhouseCoopers. Marzec joined the board in May 2008.
Other continuing members of the CUNA Mutual Group board include:
- Janet V. Whitehouse, (vice chair), Wentworth Advisory Group
- Caren C. Gabriel, president/CEO, Ascend Federal Credit Union
- Joseph J. Gasper, retired president/COO, Nationwide Insurance
- Thomas C. Godlasky, retired CEO, Aviva North America
- Bert J. Hash, Jr., retired president/CEO, Municipal Employees Credit Union of Baltimore
- Angela Owens, president/CEO, American Airlines Federal Credit Union
- Randy M. Smith, retired president/CEO, Randolph-Brooks Federal Credit Union
- James W. Zilinski, retired chairman, president/CEO, Berkshire Life Insurance Co.
- Robert N. Trunzo, president/CEO, CUNA Mutual Group