Saint Paul, MN (October 1, 2025) |
After 24 years of heartfelt and steadfast leadership, Patrick Pierce will be retiring as City & County Credit Union’s President/CEO in April 2026.
Since joining the credit union in 2001, Pat has guided City & County Credit Union through remarkable growth and change. With his leadership the credit union expanded service to an eight-county community charter, broadened the membership base from 34,000 to now over 62,000 members, and enhanced the credit union’s ability to serve members and reputation by achieving $1.1 billion in assets.
“Pat built his career on the belief that financial services are about more than just numbers. They are about empowering every member to make their financial dreams a reality by getting to know their name, their story, and being their partner through every celebration and challenge” said Board Chair, Lou Bruno. “Pat embodies the credit union movement, and that legacy will never be forgotten. His vision, compassion, and dedication to the ‘People Helping People’ philosophy will continue to guide us into the future.”
Pat has always led with heart, supporting employees, standing with members and their families in times of need, and championing the credit union movement on both a local and national scale. This deep commitment to service and progress has been the foundation of his visionary leadership throughout his career. In Minnesota, Pat played a pivotal role in the historic 1997 merger that created the Minnesota Credit Union Network, and his efforts didn’t stop there. He also led initiatives to modernize state charter legislation and champion Prize-Linked Savings accounts—key moves that have expanded financial access and positively impacted the lives of thousands across the state.
On the national stage, Pat’s leadership has been equally transformative. As Secretary of the Credit Union National Association (CUNA) Board and now Chairman of the Board of Directors for America’s Credit Unions, he was instrumental in the historic merger of CUNA and NAFCU (National Association of Federally-Insured Credit Unions). Through every step, Pat led with humility, courage, and a deep belief in the cooperative model. His legacy is clear: stronger credit unions, empowered communities, and a future driven by collaboration and a shared commitment to service.
“It has been the honor of my life to serve City & County Credit Union for the past 24 years. I am proud of what we’ve accomplished together, but even more grateful for the relationships built along the way—with colleagues, members, and communities, who trusted us to walk alongside them & help transform their financial dreams into bold realities.” Pat Pierce explained. “It has also been a privilege to serve the credit union movement more broadly, helping advance the cooperative legacy that ensures every member and community has access to affordable financial solutions. I have seen firsthand how credit unions can change lives in my own family and I know the future leaders in the industry will continue to adapt and innovate to empower generations to come.”
To honor Pat’s legacy and shape the next chapter of City & County Credit Union, the Board of Directors has announced Thomas Coulter, Executive Vice President of Operations, as the next President/CEO. With 19 years of dedicated service to City & County Credit Union, Tom brings a wealth of experience and a deep commitment to City & County’s mission. His leadership and vision will ensure City & County continues to grow, build on its successes, and inspire members and the community to transform their financial dreams into bold realities. Pat will continue to serve as CEO until his retirement, with Tom stepping in as acting President during this time.
