Cascade Federal Credit Union President and CEO Carl Roer will retire at the end of 2022. Roer has served Cascade FCU as President and CEO since 2017.
Roer has been in the credit union industry for over 40 years. Prior to his role at Cascade FCU, Roer served as Sound Credit Union’s Chief Lending Officer for about 13 years. He graduated from Claremont McKenna College with a bachelor’s degree and later received his master’s degree from Seattle Pacific University. Roer will be succeeded by Cascade FCU Executive Vice President Sarah Richardson beginning in 2023.
During his tenure as CEO, Roer led the credit union through several milestones. Cascade FCU’s asset size has grown by over $55 million to about $350 million, with record loan growth and capital. The credit union also launched business and indirect lending, completed a credit union-wide branch remodel effort, launched a new website and online banking platform and, most recently, undertook a merger effort with Tacoma Narrows Federal Credit Union.
“We are incredibly grateful for the leadership and strategic direction that Carl has given Cascade FCU over the years. His passion, vision and guidance have allowed us to become more competitive and growth-oriented than we’ve ever been, and we are excited to continue to build on that momentum moving forward,” said Richardson.
Cascade Federal Credit Union was established in Washington state in 1952, originally serving employees of the Cascade Division of the Great Northern Railway. Today, they welcome members from over 125 employee groups, with over 10,000 members and over $350 million in assets. Learn more about Cascade FCU at CascadeFCU.org