Beacon Credit Union (BCU) president/CEO, Kevin Willour, has announced his retirement effective January 1, 2023. Willour will remain involved with the Credit Union to ensure a smooth transition over the next 14 months in accordance to BCU’s succession plan.
The board of directors of BCU has appointed Dustin Cuttriss, chief financial officer, as executive vice president. Cuttriss will assume the president/CEO position after the transition. “The board of directors extends it sincerest appreciation to Kevin for his leadership over the last nine years as president/CEO” stated Ken Dale, BCU board chairman. “Kevin has steered the continued growth of the Credit Union while keeping true to our vision of guiding the way for our member-owners and improving the communities in the markets Beacon serves. We wish him the best in his much-deserved retirement.”
Willour states “I have been fortunate to have an excellent relationship and support from the board members of Beacon Credit Union throughout my tenure and the pleasure of working with a professional and forward-thinking executive management team. The entire Beacon team has been a contributing factor to my success as president/CEO of Beacon Credit Union.”
Willour began his employment at Beacon in 1989 as a branch manager. He continued his career path holding positions of branch operating officer, vice president of branch operations and executive vice president. He has overseen many improvements and changes during his 32 years at Beacon, including the building of 21 branches, expanding the field of membership to 50 Indiana counties, introduction of digital banking, the acquisition of an industrial lending company and helping guide multiple credit union mergers throughout his tenure. Since he has taken the helm, Beacon assets have grown to over $1.4 billion in assets, membership of over 46,000 and has the unique distinction of being the largest agricultural lending credit union in the United States.
Willour has been involved in many service organizations over the years including past chairman and current board member of American Share Insurance, president of the Financial Cooperative Association of Indiana and past board member of the Honeywell Foundation. His retirement plans are to travel with his wife, Cindy, bass fishing, pheasant hunting and to enjoy more time with his granddaughters.
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