Mazuma Credit Union announces new CEO of CU Holding
OVERLAND PARK, KA (November 23, 2018) — After an extensive search, Mazuma and the CU Holding Board of Directors are excited to welcome Mike Walrod as the new CEO of the CU Holding Company. Walrod comes to this new role with over 25-years of experience in driving increases in market share, profitability, and brand awareness for a multitude of companies.
CU Holding is Mazuma Credit Union’s wholly owned subsidiary which has multiple Credit Union Service Organizations (CUSO’s) under its umbrella. The role of a CUSO is to support the credit union philosophy by developing and offering products and services that benefit credit union’s and their Members. CU Holding currently has an Insurance CUSO, Payday Lending Alternative CUSO’s and a partnership in a Mortgage CUSO and is always looking to create new CUSO’s to better support the Credit Union Industry.
“There are so many opportunities for CUSO’s to meet the growing needs of Credit Unions and their Members’.” said Mazuma’s Chief Experience Officer and Interim CEO, Deonne Christensen. “Mike’s extensive business experience will allow CU Holding to evolve and expand to better serve our Members and create a more impactful organization.”
Walrod most recently held the position of Founder at Incite Business, an organization he started to help consult business owners to develop and achieve their strategic goals. Prior to starting his business, he was Vice President of Operations at QCHI in Lenexa, KS.
“I’m looking forward to continuing to develop the great foundation that’s in place.” said Walrod. “We’ve got a strong Team in place at CU Holding, and I want to support them and the initiatives that they’re excited about. Together we’ll be able to create some diversified opportunities that will allow us to support Mazuma and other credit unions.”
Walrod will step into his new role on November 26th, 2018.
About Mazuma Credit Union
Mazuma Credit Union was founded in 1948 as the Kansas City National Federation of Federal Employees Credit Union by Joe Pinkerton. 50 years later, the name was changed to Mazuma Credit Union. Mazuma currently serves more than 72,000 Members who live or work in Jackson, Cass, or Clay counties in Missouri or Wyandotte or Johnson counties in Kansas with services including wealth management, banking, IRAs, mortgage lending, and more.
Mazuma created the Mazuma Foundation in 2015 to give back to the communities their Members call home. The Foundation focuses its efforts in the core areas of community development, financial wellness, and the arts. Each year, the Mazuma Foundation funds grants to 501(c)3 organizations throughout the Kansas City metro. For more information, visit mazuma.org.