Financial Partners’ Nader Moghaddam elected new chairman of CU Direct

CU Direct’s board election results and new officers announced during DRIVE ’17 conference, citadel’s march recognized for service.

ONTARIO, CA (May 24, 2017)CU Direct, the nation’s leading lending technology and automotive solutions provider for credit unions, has announced the results of their board of directors and officers elections during the company’s annual shareholders meeting at the DRIVE ‘17 Conference.

CU Direct’s board of directors elected Nader Moghaddam, president and CEO of Financial Partners Credit Union, as the company’s new chairman during its officers election.  Moghaddam has served on CU Direct’s board since 2011.

Jim Laffoon, president and CEO, Security Service Federal Credit Union and Keith Sultemeier, president and CEO, Kinecta Federal Credit Union, were re-elected to three year terms on the board of directors.  Chuck Purvis, president & CEO, Coastal Federal Credit Union was elected to a three-year term as director, after serving on the board as an associate director.

The company’s board of directors also elected Keith Sultemeier as vice chairman, and Jim Laffoon as the board’s secretary and treasurer.

During the company’s shareholder’s meeting, CU Direct’s president and CEO, Tony Boutelle and the board of directors recognized outgoing chairman, Jeff March, president and CEO of Citadel Credit Union, for his leadership, dedication and nine years of distinguished service on the board.

“CU Direct and our board of directors wishes to express its sincere gratitude and appreciation to Jeff for his leadership, guidance, and outstanding service as chairman,” said Boutelle of March.  March will continue to serve as Ex-Officio on the board, as well as a director on Intuvo’s board, a CU Direct company.

Also serving on CU Direct’s board of directors are:

  • Donna Bland, president & CEO, Golden 1 Credit Union
  • Sterling Nielsen, president & CEO, Mountain America Credit Union
  • Brett Martinez, president & CEO, Redwood Credit Union
  • Erin Mendez, president & CEO, Patelco Credit Union
  • Benson Porter, president & CEO, BECU
  • John Lund, ex-officio, president & CEO, America First Credit Union

About CU Direct

CU Direct has been a lending technology leader for 25 years, helping credit unions fund $368 billion in loans.  An enterprise lending solutions and technology company, CU Direct serves more than 1,100 credit unions and 15,600 auto dealers nationwide. CU Direct brings innovation and expertise to indirect lending, consumer and mortgage loan origination, point-of-sale, digital retail, analytics, marketing and CRM, auto shopping and business process outsourcing. For more information, visit Connect with CU Direct on Twitter and LinkedIn.


Bill Meyer
909.481.2360 |


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