Royal Credit Union announces Leadership at Lake Area Mortgage – a division of Royal Credit Union

EAU CLAIRE, WI (December 9, 2022) — Royal Credit Union (Royal) is proud to announce leadership for Lake Area Mortgage- A Division of Royal Credit Union: Paul Wilcox, Dionne Yochim, and Ryan Colbert. All three team members joined Royal in August during the Lake Area Mortgage conversion.

Wilcox was named Director of Lake Area Mortgage- A Division of Royal Credit Union. In this role, Wilcox is responsible for building, developing, and leading the Lake Area Mortgage- A Division of Royal Credit Union team in terms of mortgage loan operations, production, underwriting, and credit risk. Wilcox comes with a wealth of knowledge from over twenty-two years of experience in the mortgage industry.

Yochim was named Mortgage Operations Manager of Lake Area Mortgage- A Division of Royal Credit Union. In this role, Yochim is responsible for planning, organizing, and directing the activities of the Processing, Closing, and Underwriting departments to support Lake Area Mortgage- A Division of Royal Credit Union’s objectives and goals. Yochim has over twenty-five years of experience in the financial industry holding a wide variety of roles, most recently being Vice President- Mortgage Lending Manager. Yochim earned a bachelor’s degree in business administration from Metro State University and currently resides in Ham Lake, Minnesota.

Colbert was named Mortgage Sales Manager of Lake Area Mortgage- A Division of Royal Credit Union. In this role, Colbert provides coaching and leadership to the team of loan originators to ensure overall success. Colbert also creates strategies and programs to help Members achieve their dream of homeownership. Colbert earned a bachelor’s degree in business from Bethel University and participated in St. Thomas’ Mini MBA Program in Real Estate. During his 20 years of Mortgage Loan Originating experience, Colbert was awarded the Scotsman Guide Top Mortgage Originator and Twin Cities Super Mortgage Professional for 2020-2022. Colbert is on the board of directors at Twin Cities Rush Soccer Club and is the secretary/treasurer for Forest Lake Business Networking International.

About Royal Credit Union

Royal Credit Union is a federally insured credit union proudly serving over 300,000 Members in Minnesota and Wisconsin. Royal is driven by a core ideology built on a strong purpose and values. You can open an account or apply for a low-rate loan at Royal Credit Union if you live or work in 26 counties in western Wisconsin or 16 counties in Minnesota. Counties served in Wisconsin include Adams, Ashland, Bayfield, Barron, Buffalo, Burnett, Chippewa, Clark, Douglas, Dunn, Eau Claire, Jackson, Lincoln, Marathon, Pepin, Pierce, Polk, Portage, Price, Rusk, Sawyer, St. Croix, Taylor, Trempealeau, Washburn, and Wood. Counties served in Minnesota include Anoka, Carver, Chisago, Dakota, Goodhue, Hennepin, Isanti, Olmsted, Pine, Ramsey, Scott, Sherburne, Wabasha, Washington, Winona and Wright. A complete list of Member eligibility requirements is available on the Royal Credit Union website. To learn more about Royal, visit or call 800-341-9911.


Heidi Cornelius
Community Engagement Coordinator
Royal Credit Union
715-246-8018 (office)
715-471-0838 (mobile)

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