The Bank Slate


Minnesota Credit Union Network names new CEO

The Minnesota Credit Union Network has lined up its next CEO.

The St. Paul, Minn., association said in a press release that Mara Humphrey will also become its president at the end of April. Humphrey, who holds the association’s chief advocacy position, will succeed Mark Cummins, who announced his intention to retire last summer.

Cummins led the group for 15 years.

“After a national search, the board is unified in the choice of Mara Humphrey as the next CEO of the Minnesota Credit Union Network,” Mary Hanson, the association’s chair and CEO of Mayo Employees Federal Credit Union in Rochester, Minn.

“The board was deeply committed to a rigorous leadership selection process and understood this to be the most important work of our board terms,” Humphrey added. “Mara is a proven champion for credit unions and a respected, innovative leader in the industry.”

The announcement comes just weeks after Montana’s Credit Unions announced plans to hire Gerry Singleton as its president and CEO.

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