Tech Credit Union in Crown Point, Ind., has named Gene Novello as its new president and CEO.
The $359 million-asset institution said on Friday that Novello will succeed Mike Hussey, who will retire on June 30, after 41 years of service.
Novello has more than 35 years of experience in the financial services industry, having held positions in credit union and bank operations, strategic planning, consumer, commercial and mortgage lending and internal audit.
Novello’s most recent job was as chief operating officer for the $3.2 billion-asset Teachers Credit Union of South Bend, Ind., according to his
“Gene is a perfect fit to continue the growth and member service that Tech Credit Union has come to be known for,” Joe Machara, chairman of the credit union, said in a statement.
Novello was placed in the job by the recruitment firm of O’Rourke & Associates.
Tech posted net income of about $3.1 million in 2018, more than double from the prior year, as net interest income surged 19 percent, to $10.2 million.
