America First Credit Union, based in Riverdale, Utah, said on Wednesday, October 14, that its board of directors has named Missy Key as its next president and chief executive officer. Key, currently executive vice president and chief financial officer, takes over March 1, 2027. [1]
She succeeds Thayne Shaffer, who has been president and CEO since 2021 and is retiring after 38 years with the credit union. Key also has 38 years at the credit union and will be its sixth president and CEO, according to the release. [1]
The release credits Shaffer's tenure with record asset and membership growth, three mergers and acquisitions, and a new digital banking system. [1]
The credit union, founded in 1939, describes itself as having more than $27 billion in assets and 135 branches across Arizona, California, Idaho, Nevada, New Mexico and Utah. The release gives its membership as nearly 1.7 million in one place and more than 1.6 million in another. The figures are the credit union's own. [1]
Board chair Linda Carver praised Key's leadership and Shaffer's "humility, transparency and an unwavering member-first focus," the release says. [1]