President and CEO of Fergus Federal Credit Union announces retirement
LEWISTOWN, MT (August 16, 2019) — President and CEO of Fergus Federal Credit Union (Fergus FCU), Bob Bjelland, has announced his retirement after 35 years with the credit union. His retirement will go into effect at the closing of this year. For more than three decades Bjelland has led the credit union through the constant changes of the industry.
Bjelland has truly devoted himself to the growth and success of the credit union. His dedication is showcased by Fergus FCU’s growth from roughly $4 million in assets to more than $70 million. Today, he leads a team of 18 employees and maintains 5,770 credit union members. He has remained steadfast in his dedication to always do right by the members, employees and community.
“The highlight of my career at Fergus FCU will forever be my talented team and our incredible members,” said Bjelland. “I will always remember the important part they have played throughout my years at the credit union.”
Prior to his time at Fergus FCU, Bjelland played a crucial role as the Vice President at Montana’s Credit Unions for six years, and later acted on their board. After his time with Montana’s Credit Unions, he transitioned into the Chief Financial Officer for Treasure State Corporate Credit Union and remained there for three years. His dedication and contributions to the industry were recognized in 2009 when he was named Montana Credit Union’s Professional of the Year.
“It has truly been an honor to serve Fergus FCU for the past 35 years,” said Bjelland. “It has been a wonderful ride watching the credit union become what it is today. I am confident that it will continue its success through the next generation of leaders.”
About Fergus Federal Credit Union
Fergus Federal Credit Union is a financial cooperative organized in accordance with the provisions of the Federal Credit Union Act for the purpose of promoting thrift among its members and creating a source of thrift for provident or productive purposes. Fergus Federal Credit Union's field of membership includes persons who live, work, worship, or attend school in, and businesses and other legal entities located within Blaine, Chouteau, Fergus, Garfield, Golden Valley, Hill, Judith Basin, Liberty, Meagher, Musselshell, Petroleum, Phillips, Wheatland Counties, Montana; meets the underserved "investment area" definition of Section 109 c (2) of the Federal Credit Union Act; (5-4-04) For more information about Fergus Federal Credit Union, visit www.fergusfcu.com.