In a ceremony held this week at the annual CEO/Executive Team Network™ in Amelia Island, Florida, CUES celebrated the contributions and achievements of seven credit union executives.
Sterling Nielsen, CPA, president/CEO of Mountain America Credit Union, Sandy, Utah, was named the 2019 Outstanding Chief Executive. This award recognizes credit union CEOs who have rendered exceptional service and made outstanding contributions to strengthen their credit union and the industry.
Since joining Mountain America CU as CEO in 2008, Nielsen led the credit union through the recession and achieved significant growth in the subsequent years. In 2010, he unveiled an ambitious 10-year, $10 billion plan, which the credit union tackled after spending two years rebuilding capital. The strategies set forth by Nielsen allowed the CU to grow at an average of 17.39% from 2016 to 2018. With approximately $9 billion in assets today, the credit union is currently on track to achieve the $10 billion goal in early 2020, two years ahead of schedule.
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