The leaders, employees and membership of Catholic United Financial are saying goodbye to a trusted colleague as she steps into retirement. Terri Maloney, president of Catholic United Financial Credit Union since 2010, will retire from the Credit Union on July 31, 2020.
Catholic United Financial President Mike Ahles lauded Maloney’s many initiatives. “In her decade of exceptional leadership, Terri Maloney has truly transformed our Credit Union! She capably led our efforts to acquire, relocate, and grow our Saint Cloud branch to increase our impact in an area that was already strong for us. New services for members were expanded by Terri and her team, including the launch of a new high-tech mobile application, all while doubling the Credit Union’s asset base, loan portfolio and net worth — truly amazing accomplishments!”
The Credit Union was chartered in 2001 to offer banking, loans and other financial services to Catholic United members, based on the member-centric, Catholic values of the Association. Since then, the Credit Union has grown to more than 3,300 members and offers walk-in assistance at its two brick-and-mortar locations plus virtual banking services on its website, www.catholicunitedcu.org. The Credit Union’s longest serving president, Maloney has helped steer the institution toward the future while retaining a focus on personal service. (Pictured: President Terri Maloney celebrates her 10th anniversary as CU president, along with Catholic United Financial President Harald Borrmann in January 2020.)
During a July 28th company meeting, Ahles told Maloney and the assembled employees, “On behalf of our entire Catholic United organization, thank you to Terri for your many contributions to our members and your colleagues. We wish you much peace and happiness in retirement! God bless.”
In January 2020, Credit Union President Terri Maloney celebrated her 10th work anniversary with then Catholic United Financial President Harald Borrmann.