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STCU’s chief financial officer now also chief lending officer

(December 5, 2013) --  Bill Before, chief financial officer at STCU, now is also the credit union’s chief lending officer.

Before came to work at STCU as in 1989, when the credit union had fewer than 30,000 members. As CFO, he is part of a management team that has since seen STCU rise to more than 118,000 members and become the third-largest credit union in Washington. The Credit Union Executive Society included Before on its 2009 “Rising 100” list of the next generation of credit union leaders.

Tom Johnson, STCU president and CEO, announced Friday that Before would have be adding chief lending officer (CLO) to his title. In that role, he will oversee all consumer, commercial and real estate lending for a credit union that has become one of the largest mortgage and home equity lenders in Eastern Washington and North Idaho.

At the same time, Before will continue in his role of Chief Financial Officer (CFO), overseeing the accounting, finance and compliance functions of the credit union.

“During Bill’s nearly 25 years with STCU he has led our finance function with skill and insight,” Johnson said. “He is uniformly appreciated and respected for his knowledge and his ability to work with others.”

Before holds an MBA from Gonzaga University and a bachelor’s degree in business administration from the University of Montana. He is a graduate of the Pacific Coast Banking School, a two-year program operating in partnership with the University of Washington Graduate School of Business.

Before is one of two Northwest representatives on the board for Catalyst Corporate Federal Credit Union. That not-for-profit financial cooperative meets the daily liquidity needs and provides other services to more than 1,200 credit unions nationwide.

He is a board member for Big Brothers Big Sisters of the Inland Northwest.

In his new role as chief lending officer, Before replaces Scott Adkins, former STCU vice president of lending. Adkins recently accepted the position of president/chief executive officer of Seattle-based School Employees Credit Union of Washington.

Spokane Teachers Credit Union

Founded by educators in 1934, STCU has more than $1.8 billion in total assets and 118,000 members. STCU has 16 branch locations in Eastern Washington and North Idaho, with two more scheduled to open in 2014: a Hutton Building Branch in downtown Spokane and a Coeur d’Alene Branch.