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News Now

CU System
Larson elected chair of Minnesota foundation
ST. PAUL, Minn. (8/18/4)--The Minnesota Credit Union Foundation last week announced its board members and table officers.

Dave Larson, president/CEO, Affinity Plus FCU, St. Paul, with $1.7 billion in assets, was elected board chair.

"I am energized by work of the foundation and its focus on financial education," said Larson. "I look forward to serving in this leadership role as we work to strengthen credit unions and communities across the state."

Brian Sherrick, president/CEO, Ideal CU, Woodbury, with $567 million in assets, was elected vice chair; and Kathy Harrington, president/CEO, Heartland CU, Inver Grove Heights, with $101 million in assets, was elected secretary/treasurer.

Larson succeeds Pat Brekken, president/CEO, Richfield Bloomington CU, Richfield, with $258 million in assets. Both Larson and Sherrick previously served as vice chair and secretary/treasurer, respectively. Table officers are elected for one-year terms.

At the foundation's annual meeting in July, Sherrick was re-elected to a three-year term, as was Mary Hansen, CEO/administrator, Mayo Employees FCU, Rochester, with $666 million in assets. Hansen was first elected to the foundation board in 2004, and Sherrick in 2011. Larson joined the foundation in 2009.

Rounding out the seven-person board are Larry Champeaux, president/CEO, Northern Communities CU, Duluth, with $72 million in assets; and Glen Durbahn, senior vice president, marketing and member experience, Hiway FCU, St. Paul, with $950 million in assets.


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