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News

ARTICLE

Date ArticleType
12/6/2024 8:58:41 PM Member News

Reed Named Chief Revenue Officer

Mid Minnesota Federal Credit Union (MMFCU) recently promoted Joe Reed to Chief Revenue Officer. In this new Executive Management role Reed will enhance efficient communication among stakeholders, develop ownership responsibility at all levels and ensure swift, best decision making.

“Joe brings a vast experience in all facets of lending, and keen insight to the needs of our business members. He is a great fit for this new executive role. Joe and his team will provide a strong voice for the service and production side of the Credit Union as we navigate the challenges of today’s competitive landscape,” said Bob Gerads, President/CEO.

Reed’s experience includes serving members directly, leading teams and most recently as the Vice President of Business and Mortgage Services. The past two decades have afforded him opportunities to build off the degrees earned at Central Lakes College and St. Cloud State to lead, expand services and grow impact.

“I am humbled and excited to work with such a great team and continue to make a difference for our members, businesses and communities we serve,” said Reed.

Mid Minnesota Federal Credit Union is a member owned financial cooperative serving central Minnesota. What sets MMFCU apart from other financial institutions is that our members are owners and have a vested interest in our success. Any profits are returned to our membership in the form of higher dividend rates, lower interest rates on loans, additional technology, and growth in services. MMFCU has 13 locations and participates in CO-OP Shared Branching offering an additional 5,900 locations nationwide. Deposits are federally insured by NCUA and we are an Equal Housing Lender. Learn more at mmfcu.org.

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