Mid Minnesota Federal Credit Union announces retirement of Chief Executive Officer, Chuck Albrecht
THE WOODLANDS, TX (August 4, 2022) — Mid Minnesota Federal Credit Union’s President and Chief Executive Officer, Chuck Albrecht, has announced his plan to retire in March of 2023. Mid Minnesota Federal Credit Union has hired D. Hilton Associates to begin a nationwide search to find his replacement.
“We would like to thank Chuck for his time, drive, and dedication to the credit union over the years”, said Board Chairperson Theresa Goble, “Chuck has been an asset to this credit union, building a solid foundation for the organization to continue to grow and serve our membership. While we will be sad to see him go, we wish him a happy retirement.”
Chuck joined Mid Minnesota FCU in 2003 as CEO. During Chuck’s tenure the credit union grew to serve 11 counties with 11 full-service branches, with the 12th location currently being built in Fergus Falls. Assets went from $110 million to $650 million, and membership grew from 28,000 to 55,000 currently. In 2021, Chuck was presented the Outstanding Credit Union Professional of the Year award by the Minnesota Credit Union Network. Chuck is excited to move into his next adventure of retirement.
About D. Hilton Associates, Inc.
D. Hilton Associates, Inc. is one of the most recognized credit union consulting firms in the country. Our major practice areas are Executive Recruiting, Compensation Services, Retention & Retirement, Strategic Services, and Board Leadership. To date, D. Hilton has conducted over 3,000 successful searches for credit unions nationwide and has been employed by 95% of the largest credit unions in the country to fill senior executive management positions. For more information, please visit our website at www.dhilton.com
About Mid Minnesota Federal Credit Union
Established in 1956, Mid Minnesota Federal Credit Union (MMFCU) serves 55,000 members and has grown to $650 million in assets. MMFCU serves all of Becker, Cass, Crow Wing, Douglas, Morrison, Norman, Otter Tail, Todd, and Wadena Counties as well as the Cities of Aitkin, McGregor, and Palisade, in addition to various townships in Aitkin County. MMFCU is a hub for financial resources, offering an Education Network with free learning opportunities. The credit union prides itself on helping the communities they serve realize their potential by offering resources people need to be smart, successful consumers. To learn more, visit https://www.mmfcu.org/