Capital Credit Union announces Laurie Butz as new President and CEO

GREEN BAY, WIS. (November 15, 2021) — Capital Credit Union announces Laurie Butz as the next President and Chief Executive Officer after a nine-month nationwide search. Butz will begin her new role in early November. Tom Young, who has served as CEO and been with Capital Credit Union for 30 years, will retire at year’s end.

“We are excited to welcome Laurie to the Capital Credit Union family. She will be a fantastic asset to the credit union, and her background and knowledge will be invaluable to the future growth of our organization,” said Steve Frassetto, Board Chairperson.

Butz has more than 34 years of experience in the financial industry including 11 years at Community First Credit Union where her most recent position was as Senior Vice President of Business Development, Investments, Insurance Services, and the Fox Cities Marathon.

“I’m looking forward to meeting the Capital Credit Union team, the members and the community at large in the coming months as we forge ahead in living out the organization’s mission. Serving our members, being stewards of the community, and being passionate about the credit union industry align with my focus on caring for employees and our friends, families and neighbors in Northeast Wisconsin.” Born and raised in Green Bay, Butz looks forward to returning to her hometown to live and work after working in the Fox Valley for the past 16 years.

Prior to her time at Community First, Butz was the Vice President of Human Resources at Alta Resources, the Director of Organizational Development and Training at AMS (United Health Care) and the Vice President of Organizational Development at Associated Bank. Laurie holds a bachelor’s degree in business administration from the University of Wisconsin-Green Bay, and a master’s degree in organizational behavior from the University of Wisconsin-Oshkosh. She has also achieved the Certified Credit Union Executive designation from CUES.

Butz serves as the current Board Chair for the YMCA Fox Cities Corporate Board and was the previous Board Chair for United Way Fox Cities, and Personnel Chair for Big Brothers/Big Sister of the Fox Valley Region.

Laurie Butz

About Capital Credit Union

Capital Credit Union, originally chartered in North Dakota in 1936, is a not-for-profit financial cooperative owned by each of its more than 30,000 members and overseen by a member-elected board of directors. They offer personal and business banking solutions including auto loans, home equity loans, mortgage loans, checking accounts, savings accounts, business loans and more to member individuals, businesses and other organizations located within a 75-mile radius of Bismarck, Hazen or Fargo, or a 50-mile radius of Beulah or New Salem.


Jillian Lagasse
Vice President of Marketing

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