CEO announces retirement as Mill City Credit Union plans merger

Kent Greff, CEO of Mill City Credit Union in Minnetonka, Minn., will retire at the end of this year.

During Greff’s 18 years at the helm, the credit union expanded its three offices in the Twin Cities area to eight branches across four states and increased assets from $72 million to $350 million.

Kent Greff
Kent Greff, CEO of Mill City Credit Union

Earlier this year, Mill City’s board agreed to merge into the $500-million asset City & County Credit Union. That merger is expected to become effective Jan 1. The combined organization will be led by CEO Pat Pierce and Mill City branches will be branded as Mill City, a division of City & County Credit Union.

Mill City was formerly called General Mills Federal Credit Union and exclusively served the employees of the food manufacturer, General Mills. It expanded its membership in 2014 to include people who live and work in five counties in Minnesota.

“I have enjoyed every part of my journey,” Greff said in a statement. “I leave knowing that the organization and credit union movement are in highly capable hands. I am not running from something, but to something…my grandchildren are calling.”

Greff has worked at four different credit unions since 1979 across North Dakota, South Dakota and Minnesota. He was also involved with industry trade groups, becoming the first chair of Minnesota Credit Union Network. Besides that, he served as the Minnesota representative for CUNA Mutual's National Policy Owner Council.

Greff’s involvement in the industry has also gone international. He collaborated with Mayo Employees Credit Union and the World Council of Credit Unions to launch the Institute of Cardiology Credit Union in Warsaw, Poland.

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