SCU Federal Credit Union in Brockton, Massachusetts, has named Glenn Parsons as its new president and CEO. He succeed James Carlson, who is stepping down after 22 years in the position.
Carlson will continue to work for SCU in an advisory role until his retirement on Feb. 28, 2023, the $1.2 billion-asset company said in a press release Thursday.
Parsons has more than 20 years of executive leadership experience across multiple disciplines. SCU said he brings expertise in the fields of technology software and network security. He is also proficient in communications, business development and strategic negotiations, SCU said.
SCU was formed by a
SCU earned $3.3 million in the first six months of 2022, an 11% decrease compared with the first half of 2021, according to call report data from the National Credit Union Administration.
