Thayne Shaffer has been named to succeed John B. Lund as president and CEO of Utah’s America First Credit Union, effective April 1. Shaffer has been the chief information officer of the Ogden-based credit union since May 2019.
“I am excited for this opportunity and will focus on executing the strategic priorities that have been set,” said Shaffer.
Most recently, Shaffer was appointed to senior vice president and controller in 2014. Between 2009 and 2019, he supervised multiple mergers and in 2018 and 2019, served as staff coordinator for the Enterprise Risk Management Committee.
Lund retires after more than 46 years at the institution. Since he became president and CEO in 2012, America First has expanded its branch network from 104 to 128, increased assets from $5.5 billion to $14.2 billion and membership numbers increased from 592,309 to 1,159,227.
“John, a tremendous person and a profoundly esteemed leader, has shown acuity and keenness of thought in every decision he has made,” said Linda Carver, chair of the board of directors for America First. “He has had a remarkable ability to understand and position the credit union for new opportunities to assure our long-term and continued growth.”
Prior to his appointment as president and CEO, Lund served as executive vice president. He started in 1975 as the credit union’s courier.
“It’s been an honor to work with so many talented people and serve so many kind members,” said Lund. “I am certain America First members and colleagues will continue to thrive under Thayne’s leadership, using teamwork to strengthen relationships and our communities.”