Members 1st Federal Credit Union promotes chief experience officer to CEO

Members 1st Federal Credit Union in Enola, Pennsylvania, named Mike Wilson as its new president and CEO, effective July 1. 

Wilson replaces George Nahodil, who announced his intention to retire in September of 2021.

Currently the chief experience officer for the $7.1 billion-asset credit union, Wilson joined Members 1st in 2016 as a vice president of relationship management and has since held a number of leadership roles.

"This appointment highlights Members 1st's commitment to fostering growth, recognizing talent within the organization and upholding its distinct culture," said Chairman Jon Kirssin in a press release. 

Nahodil has been with the company for 23 years. He replaced Robert Marquette as chief executive after Marquette's death in 2017. 

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Members 1st has 60 branches, including five it added last year as part of an expansion into Berks and Lehigh counties. Wilson told American Banker in February that the credit union could add five more branches in those two counties.

"Mike is well-positioned to assume the helm of leadership and build upon the great success the credit union has experienced serving its members and communities," said Patrick Conway, president and CEO of the CrossState Credit Union Association. "Mike has embodied what it means to be a credit union leader through his work with our Association's charitable foundation."

Members 1st earned $41.7 million in the first quarter of 2023, a 60% increase compared with a year earlier, according to call report data from the National Credit Union Administration.