Oregon State Credit Union Announces New President/Chief Executive Officer

Corvallis, Oregon - After a nationwide search, Oregon State Credit Union announces the selection of Gary Schuette II, as the credit union's incoming President/CEO. Schuette will follow Rick Hein, who has served as President/CEO of Oregon State Credit Union for the past 24 years and retires in the Spring of this year.

Schuette has more than 19 years of experience in financial services, most recently serving as the Chief Financial Performance Officer for Vystar Credit Union of Jacksonville, Florida. Schuette has held various positions at the $13.5 billion dollar credit union, focusing on the organization's financial performance and growth strategies. Prior to his time at Vystar Credit Union, Schuette held the role of Vice President of Financial Risk Management and Strategy at Local Government Federal Credit Union in Raleigh, North Carolina. Gary holds both a Bachelor of Science in Finance, as well as a Bachelor of Science in Management from Virginia Tech University. He is a Chartered Financial Analyst. He holds the Certified Chief Executive designation from the CUES CEO Institute, as well as earning a Certified Innovation Executive designation from the CUES Strategic Innovation Institute.

When asked about the upcoming executive transition, Board Chair, Kelley Kaiser, said,

"We believe the future is bright here at Oregon State Credit Union. While we will miss Rick, Gary has a long-standing track record of success throughout his career, and we believe he will continue the growth and success of our credit union for years to come."

Gary expressed his gratitude and excitement to have been selected for the role, "I look forward to working with Oregon State Credit Union's Board of Directors and employees as the credit union continues to grow and provide outstanding products and services for its membership."

About Oregon State Credit Union

Oregon State Credit Union originated in 1954 with just $25 as Oregon State College Federal Credit Union. Through careful management, the credit union grew in capital strength, services, and membership. Today, Oregon State Credit Union is a thriving, $2.1 billion in assets credit union with nearly 140,000 members. Anyone living or working in the 24 counties in Central and Western Oregon that Oregon State Credit Union serves is eligible for membership. Oregon State

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