Davenport, IA (April 21, 2025) |
The Family Credit Union, a not-for-profit financial cooperative headquartered in Davenport, announced today the appointment of Michael Brandt as its new Chief Executive Officer. Brandt's first day will be April 28th.
"It's a true honor to join The Family Credit Union as CEO. I'm excited to partner with this dedicated team, leveraging our collective experience to shape a vibrant future for our members and the institution,” said Brandt.
Brandt brings more than 24 years of experience in the credit union industry, including more than half of those years as president/CEO of two successful credit unions. His career began as a loan officer and quickly progressed to positions including financial services manager and vice president of lending on his journey to the top leadership role.
Most recently, Brandt served as president/CEO of Empower Credit Union in West Allis, Wisconsin, where he developed partnerships with area non-profit organizations to enhance the credit union’s brand recognition, grow membership, and increase loans. He was recognized as a Notable Credit Union Leader by BizTimes magazine in 2021 for creating the credit union’s Change for Charities debit card program. This program allowed members to round up their debit card purchases, donating the difference to select non-profit groups, with the credit union matching those donations each year.
As the CEO of Evergreen Credit Union in Neenah, Wisconsin, Brandt received the Sustainable Leadership – Small Business award from the Wisconsin Sustainable Business Council for his efforts in transforming the small credit union into a top performer with a mission centered on environmental responsibility. His work at Evergreen also earned him the title of Credit Union Rock Star by Credit Union Magazine in 2016.
"With Mike’s leadership, we are excited about the vision and future of The Family Credit Union,” said Steve Horan, Vice Chair of the Board and member of the search committee. "After a thorough and thoughtful search process, the Board of Directors is confident that Mike’s leadership, experience, and deep understanding of the credit union philosophy make him the ideal person to lead the credit union into its next chapter and help us continue to improve the financial lives of Iowans."
Under Brandt’s leadership, the credit union will continue its commitment to providing exceptional financial services, fostering strong member relationships, and supporting the economic well-being of members.