Beacon Credit Union in Wabash, Indiana, named Dustin Cuttriss to be its next president and CEO.
Cuttriss, the $1.5 billion-asset credit union’s chief financial officer, will assume the role after current president and CEO Kevin Willour retires at the end of 2022.
Cuttriss “is a seasoned executive within Beacon, has significant experience in all aspects of finance and strategic planning and is highly qualified to lead the credit union into the future,” Ken Dale, the credit union's chairman, said in a press release.
Willour will remain involved with the credit union to help with the transition during the next 14 months in accordance with BCU's succession plan. He has been employed at Beacon since 1989.
Cuttriss has more than 25 years of hands-on strategic experience within the financial services industry, including the last ten years as BCU’s CFO. He has played a part in guiding the strategic direction of the credit union in terms of financial impact of products and services, investments and mergers and acquisition evaluation, the company said.
“I plan on continuing to build upon the strong foundation that Kevin has put in place. I am excited and confident about our future,” Cuttriss said in the release.
Beacon Credit Union had net income of more than $5.2 million in 2020, according to its annual report. The credit union serves 46,000 members across 50 counties in Indiana.