CEO of Columbia Credit Union in Washington state retires

Steve Kenny, longtime president and chief executive of Columbia Credit Union, has retired.

Columbia, a $2.3 billion-asset organization in Vancouver, Washington, announced that Kenny stepped down from the leadership positions on Jan. 9 — concluding more than 13 years at the helm and more than 35 years with the credit union overall, according to his LinkedIn profile. The board of directors launched a search committee to begin looking for a suitable successor and has appointed Lindsey Salvestrin, executive vice president and chief operating officer, as the interim president and CEO.

Steve Kenny (left), longtime president and chief executive and Lindsey Salvestrin (right), previously executive vice president and chief operating officer and current interim president and CEO. “Lindsey and Columbia Credit Union’s senior leadership team have the board’s full support and confidence as they continue with our people and community-centric strategic direction," Joe Vance, board chair at Columbia, said in a press release on Thursday.

"Columbia Credit Union is one of Clark County's largest employers, is rock-solid financially and maintains a reputation for reliable community service. … The board anticipates best-in-class leadership talent to apply for consideration as Columbia Credit Union's next president and CEO [and] we look forward to those conversations," Joe Vance, board chair at Columbia, said in a press release on Thursday.

The credit union reported more than $17.9 million in net income for the first three quarters of 2022, up roughly 85% from $9.7 million in the same period the year prior.

"Lindsey and Columbia Credit Union's senior leadership team have the board's full support and confidence as they continue with our people and community-centric strategic direction. … We wish Steve the best in his retirement plans and thank him for his years of service to Columbia Credit Union's membership and their communities," Vance said in the release.

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