Financial Center announces retirement of Mike Nelson, CFO
INDIANAPOLIS, IN (January 19, 2023) — Mike Nelson, Chief Financial Officer of Financial Center, has retired after more than 27 years of dedicated service to the credit union.
Throughout his tenure, Nelson was promoted from Accounting Manager to VP of Finance before becoming Chief Financial Officer in 2002. Since then, he has been a vital member of the executive management team, leading the Indianapolis-based credit union’s financial and investment strategies, regulatory reporting, pricing and asset liability strategies, and financial forecasting. He has been recognized for his excellent communication skills and ability to effectively connect with regulators, staff, and external parties.
In addition to his professional accomplishments, Nelson has been heavily involved in state and national credit union finance groups. He achieved the Credit Union Enterprise Risk Management Expert certification and has regularly attended conferences to stay current on trends impacting credit unions.
Nelson has continually been a patient teacher and mentor, coaching many CEOs, executives, and members of his own staff in financial management, regulatory requirements, and servant leadership. His strong financial acumen and inviting personality helped Financial Center attract three merger partners in recent years.
“Mike has been a valuable asset to our organization and to the credit union movement,” said Cam Minges, President and CEO of Financial Center. “His financial expertise and strong communication skills have made him a resource for our staff and members. We will certainly miss him as he transitions into retirement and wish him all the best in the next chapter of his life.”
About Financial Center First Credit Union
At Financial Center, nearly 70,000 members are in pursuit of healthier, more vibrant financial lives. Our Credit Union manages $860 million in assets for a diverse community of members in greater Indianapolis, Kokomo and Muncie, Indiana - and beyond. We’re known for providing inclusive banking services, free financial wellness resources, and the people and products to create momentum for whatever’s ahead. Our team of nearly 200 employees are expert coaches and mentors for members - helping them discover new possibilities and chase down their next financial milestones. Join us at fcfcu.com today.
