Longtime CEO to be succeeded by longtime EVP at American 1

American 1 Credit Union President and CEO David C. Puckett will turn the reins over to Martha Fuerstenau, currently the CU’s executive vice president when he retires at the end of this year.

During his 35-year tenure, Puckett has seen the $321 million credit union through two name changes, six mergers and growth from 7,000 members to more than 55,000 members.

Though the credit union went with an internal candidate—Fuerstenau has been with American 1 for 33 years—she was selected only after a national search for a successor.

David C. Puckett, president/CEO of American 1 CU

“Through all of the years of changes and accomplishments, I truly think our greatest achievement is out focus on our community,” Puckett said in a statement. “Without our members, we wouldn’t be the stable institution that we are today. It is because of them that we are able to give back as generously as we do.”

Puckett’s retirement is slated for the end of the year, with Fuerstenau officially assuming her new duties on Jan. 1, 2018.

Martha Fuerstenau, EVP, American 1 CU

“I am thrilled to take on the role of president and CEO and honored to be chosen by the board of directors of American 1 Credit Union,” Fuerstenau said in a statement.

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