MAPLE GROVE, MN--(Marketwired - Jan 28, 2014) - TopLine Federal Credit Union has announced that Executive Vice President and COO Tom Smith has been appointed as the credit union's new President and CEO by its Board of Directors. Smith succeeded Harry Carter, who retired December 31, 2013. Carter served as TopLine's President and CEO since 1999.
A graduate of St. John's University in Collegeville, MN, Tom joined TopLine Federal Credit Union in May 2008 as Chief Lending Officer. He has worked in the financial services industry for over 29 years, with more than 19 years of leadership experience. Prior to joining TopLine, Tom served as Vice President of Credit and Compliance at Marquette Consumer Finance. Tom currently serves on the Board of Directors of CU Companies as Vice Chair, and also serves on the Board of Directors of North Hennepin Community College Foundation and MN Credit Union Services Corporation (MNCUSC). Tom is also a member of the Political Involvement Committee for the Minnesota Credit Union Network.
"Tom's appointment as president and CEO means that TopLine's long tradition of member-centered financial services will continue to expand and thrive," said Jim Kaster, Chair of TopLine's Board of Directors. "I know we are passing the reins over to experienced hands -- Tom's extensive financial services experience and real passion for supporting and enhancing the financial lives of each member-owner of the TopLine community makes him a perfect fit."
"It's an honor to continue to serve TopLine members and the community in this new role, and I'm very excited to have this opportunity. We have an exceptional team here at TopLine that delivers on the credit union purpose each and every day," said Tom Smith, President and CEO, TopLine. "I'm looking forward to continuing to build on TopLine's solid reputation of superior service and products, strong growth and financial stability, and service to our communities."
TopLine Federal Credit Union, a Twin Cities-based credit union, is Minnesota's 13th largest, with assets of more than $340 million. Established in 1935, the not-for-profit cooperative offers a complete line of financial services, as well as auto and home insurance, from its five locations -- in Bloomington, Brooklyn Park, Maple Grove, Plymouth and in St. Paul's Como Park -- as well as by phone and online at www.TopLinecu.com. Membership is available to anyone who lives, works, worships, attends school or volunteers in Anoka, Carver, Dakota, Hennepin, Ramsey, Scott or Washington Counties and their immediate family members.