Qualstar Credit union announced today that Michael Elfstrom has assumed the role of President and Chief Executive Officer. Elfstrom replaces Mark Nelson, who retired on September 30, after 37 years with Qualstar.
Elfstrom has been with Qualstar since 1993, when he was hired as Accounting Supervisor. Since then, he has held several leadership positions, including Chief Financial Officer and Executive Vice President. Elfstrom has a Bachelor of Arts in Accounting from Western Washington University, and is a CPA certificate holder.
“Improving our members’ financial lives and building their trust are core to what we do. I look forward to continuing to support our members and employees as Qualstar’s CEO,” says Elfstrom.
Michael Elfstrom