Cherokee Strip Credit Union in Ponca City, Oklahoma, has named Spike Henderson as its next president and chief executive.
The $84 million-asset credit union announced that Henderson, who joined Cherokee Strip after his recent role as regional president for the $5.1 billion-asset Equity Bank in Andover, Kansas, began his new leadership position on March 2. He succeeded Johnny O'Hare, who had led the credit union since April 2016 and will remain in an advisory role as part of succession planning, according to his
“Spike has a wealth of talent in the banking business, and Cherokee Strip Credit Union and our board welcome him as the next leader of a very successful membership-based credit union … [he] will likely expand our lending in a significant way, and lead us to even more growth opportunities,” Robert Howard, chair of Cherokee Strip’s board, said in a press release.
Formed in 1933 to provide financial services to employees of Conoco oil refineries and their families, Cherokee Strip has grown to serve those who reside or work in Oklahoma as well as those who use or purchased a major consumer product or service in the last three years through its common bond with the Oklahoma Consumer Council.
“Cherokee Strip Credit Union is a special place, with a storied past and bright future … I continue to believe in our forward mission under Spike’s command, and will cheer from the sidelines for our greater and collective success,” O’Hare said in the release.
