North Dakota’s Largest CU Names New Chief

Register now

JAMESTOWN, N.D. – First Community CU has promoted Stephen Schmitz, its executive vice president, to president and CEO of the $320 million credit union, North Dakota’s largest.

Schmitz, a retired Air Force Captain, has worked with First Community for 10 years. He served as acting CEO during the Board’s selection process and was instrumental in growing the credit union’s loan portfolio while reducing overall delinquency.

The credit union serves 30,000 members throughout one-third of the state’s area.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER