BISMARCK, N.D. (8/25/15)--The Credit Union Association of the Dakotas (CUAD) announced Monday that Jeff Olson will be the new president/CEO, replacing former president/CEO Robbie Thompson.
Olson had served as interim president/CEO since July 24, when Thompson left to take a position as executive director of the Professional Liability Underwriters Society in Minneapolis.
“The financial cooperative model today faces many challenges,” Olson said, “However, there is a unique opportunity to collectively collaborate and successfully strengthen our operating environment while promoting credit unions as a financial alternative to traditional banking. I’m looking forward to working collaboratively with the board and staff in serving and meeting our members’ expectations.”
Olson has been with CUAD since 2008, most recently serving as executive vice president of government affairs.
“Everyone at CUAD and more specifically, our members across the Dakotas, are excited that Jeff Olson will be leading our professional credit union association,” said Travis Kasten, CUAD chair and president/CEO, Service First FCU, Sioux Falls, S.D. “As our government advocacy leader for the last several years, Jeff certainly has a handle on the complex issues facing our industry today. More importantly, he has the experience and leadership skills to continue moving our association forward in a positive direction.”
“Jeff Olson’s appointment as president/CEO of the Credit Union Association of the Dakotas is welcomed news,” said CUNA President/CEO Jim Nussle. “Jeff is a forceful and effective advocate for credit unions and the association’s board of directors made a great decision in placing him in this leadership position. I look forward to working with him to strengthen the partnership between CUNA and state leagues across the country as we work to represent the best interests of state and federal credit unions.”
Olson has nearly 30 years of experience in government affairs, advocacy, strategic communications, on-air media, advertising, marketing and public relations. He also worked for the North Dakota Governor’s Office as the director of constituent services. He has a degree in mass communications with an emphasis in broadcast journalism from Bemidji (Minn.) State University.
CUAD is headquartered in Bismarck, N.D., and represents 79 credit unions in North and South Dakota with assets of more than $6.2 billion and more than 469,000 members.