BURNS HARBOR, Ind. — Allegius FCU has named Ken Zagrocki as its new president and CEO.
Zagrocki has spent the last 12 years at the credit union, serving most recently as EVP, and succeeds former CEO Russell Dahl.
"We value Ken's experience, leadership and knowledge for our credit union," said Bruce Aubrey, chairman of Allegius's board. "Ken's respected management style and significant executive abilities, combined with his skills as a communicator and motivator provides the ideal background to lead Allegius into the future. We look forward to working with Ken as we continue to grow the credit union."
Originally founded in 1966, Allegius currently has $163 million in assets and serves 15,000 members with five branches throughout Northwest Indiana. The credit union has made more than $614,000 so far this year, according to its most recent Call Report, following on the heels of a net income of $710,000 in 2013.
