New FORUM CEO is Named
-- CU looks inside to industry visionary for next leader --
Indianapolis, Indiana, November 15, 2011 – Doug True has been named the next CEO of FORUM Credit Union, effective November 11, 2011. True has been with the Credit Union for more than 20 years and brings a wealth of knowledge and innovation to the CEO position. He was an original member of the Filene i3 group and is currently Treasurer of the Indiana Credit Union League where he spearheaded the development of the ignite Indiana program, an innovation think tank of credit union professionals from Indiana.
True held numerous responsibilities throughout his career with FORUM, most recently serving as the Chief Lending and Technology Officer for the Credit Union. He was the architect of a revolutionary lending system and helped found FORUM Solutions, a wholly-owned subsidiary of FORUM Credit Union, where he served as President of the company. He is widely known in the credit union community as a presenter at several national conferences and as one of the first credit union professionals to engage in social media.
"I am humbled to be chosen to serve in this role. It is an exciting time to build upon a solid foundation of making a difference in the financial lives of FORUM members. As we approach our 70th year, the FORUM team is preparing a number of exciting new services to be rolled out in 2012. I recognize that consumers have numerous options for financial services, and in this role I am committed to making sure FORUM is an option that will provide value and trust," stated Doug True.
"Doug True is eminently qualified to take the CEO reigns of FORUM Credit Union. He excelled at all stages of the selection process and was the consensus choice from a group of highly qualified candidates. Doug brings a creative energy and contagious enthusiasm to the entire organization. The Board of Directors looks forward to working with Doug and his team as we continue to focus on quality service for our Members," commented John Dierdorf, Chairman of FORUM’s Board of Directors.
True was selected following a national search for candidates to fill the open CEO position. FORUM’s Board of Directors all expressed high praise for True’s leadership philosophy and amazing track record of accomplishments throughout his career when naming him their choice to be the next FORUM CEO.
About FORUM Credit Union
FORUM Credit Union, with 12 branch locations and anywhere access via the web, serves more than 100,000 members and employs nearly 300 people in the central Indiana area. Headquartered in Fishers, IN, the Credit Union offers a full suite of financial services including home mortgages, auto and commercial lending, free checking, rewards checking, business checking, health savings accounts, and investment planning. FORUM is celebrating 70 years of serving its members in 2012. For more information about FORUM Credit Union, visit www.forumcu.com.
C. Andrew Mattingly
FORUM Credit Union