City Employees Credit Union (CECU) is pleased to announce the appointment of James R. Carroll as its new president and chief executive officer, effective immediately.
Carroll, a seasoned financial executive with over 30 years of experience in credit union and banking leadership, has been serving as interim president and brings a strong strategic vision to guide CECU into its next chapter of growth and innovation.
Carroll has a long-standing history with City Employees Credit Union, where he has held multiple leadership roles since 2009, including vice president of finance, vice president of operations and lending manager. Throughout his tenure, he has demonstrated exceptional leadership in financial management, strategic planning, risk mitigation and operational efficiency, overseeing the credit union’s $100M+ in assets. His extensive expertise in NCUA regulatory compliance, member relations and budget management make him an ideal choice to lead CECU forward.
“We are thrilled to welcome James as the new president and CEO of City Employees Credit Union,” said Chris Cunningham, chair of the CECU Board of Directors. “Through our diligent and thorough search process, James clearly proved to be the strongest candidate with the right experience and qualifications to propel CECU forward. His deep understanding of our organization, commitment to our members and financial expertise will ensure the continued success and growth of our credit union.”
As president and CEO, Carroll will focus on enhancing member services, strengthening CECU’s financial stability and expanding community engagement. His vision includes implementing innovative financial solutions, driving operational efficiencies and reinforcing the credit union’s commitment to its members.
“I am honored to take on this role and excited for the opportunity to lead City Employees Credit Union into the future,” said Carroll, newly appointed president and CEO of CECU. “Our members are at the heart of everything we do, and I am committed to ensuring CECU continues to provide exceptional financial services, innovative solutions and a strong community-focused approach. I look forward to working alongside our talented team to build on our legacy of excellence.”
Carroll holds a Bachelor of Science in Finance from the University of Tennessee and has held various leadership positions in banking and finance, including roles at Commercial Bank and National Bank of Commerce/SunTrust Bank. He has also been actively involved in community and professional organizations, serving as treasurer for the Powell Business and Professional Association and Business Networking International.
For more information about City Employees Credit Union, please visit cecuknox.com.
About City Employees Credit Union
Founded in 1932, City Employees Credit Union is a member-owned financial institution dedicated to providing affordable, high-quality financial services to public employees and their families. With a strong commitment to financial education, community engagement, and member empowerment, CECU continues to be a trusted partner in helping members achieve financial well-being.
