Todd Cover, the longtime president and chief executive of USSCO Federal Credit Union in Johnstown, Pennsylvania, has joined a bank in a nearby town.
Cover recently began working as vice president of business development and commercial lender for the $481 million-asset InFirst Bank in Indiana, Pennsylvania.
"I am very thankful for the 13 years having the opportunity to work with a great group of directors, supervisors and employees," Cover said in an email to American Banker.
During Cover's tenure, USSCO more than doubled its assets to $165 million and undertook a major information-technology conversion. Cover also oversaw a merger with
Cover said he was interested in InFirst Bank because his new position is "a relationship-building opportunity with a local, progressive community bank."
It is unclear if USSCO has begun the search for Cover's replacement. A message to USSCO Chairman Ken Mesko was not immediately returned.
Cover joined the credit union as its CEO in 2009 after serving as president of the then-Mars National Bank in Pennsylvania for two years.
USSCO Federal Credit Union was formed in 1958 to serve the employees of United States Steel Corp.'s Johnstown Plant.
USSCO reported net income of $373,000 in the first six months of 2022, a 12% increase from the same period last year, according to call report data from the National Credit Union Administration.
