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News

ARTICLE

Date ArticleType
1/27/2025 8:31:59 PM Member News

Expedition Credit Union Names New President/CEO

MENDOTA HEIGHTS, Minn. —Expedition Credit Union (ExpCU), is pleased to announce its next President/CEO with the promotion of Shawn Lannier, Chief Operating Officer, to succeed its current President/CEO, Paul Dammann, who announced his retirement effective June 30, 2025.

After more than 11 years serving as President/CEO at ExpCU, Dammann, will retire with 40 years’ experience within the credit union industry. “It has truly been an honor serving Credit Union members over my career, especially at Expedition Credit Union,” Dammann states, “I cannot think of a more people-friendly industry to be in where we can make a difference. Expedition will be in great hands with Shawn and the leadership she will bring forth.”

“As a CEO of ExpCU, Paul’s legacy will be that during challenging times, he maintained our solid foundation and created a path for the continued future growth of ExpCU. For that we are grateful, and we knew replacing him would not be a small task. We wish him the best in retirement,” said Mona Springis-Doss, Board Chair of ExpCU.

The Board of Directors thoughtfully considered Lannier’s expansive 30 years’ worth of credit union experience. “Lannier has led almost every department within the credit union with strengths in collaborating and building high-performing teams at ExpCU,” Springis-Doss stated. The decision was unanimous.

Lannier has been with ExpCU since 2002, serving in her current position as Chief Operating Officer since 2023. “I am delighted to serve as the next President/CEO of Expedition Credit Union. We have an amazing team, and I am excited to be on this adventure together with them to serve our members and communities,” said Lannier.

ExpCU was founded in 1957 to serve the statewide education community in Minnesota and has since added the ability to serve the residents in the 5-county Minneapolis and St. Paul area. ExpCU has approximately 17,000 members and $227 million in assets with two branches, a third underway, and administrative offices.

About Expedition Credit Union

Expedition Credit Union is a not-for-profit financial cooperative established in 1957. Expedition provides a full line of consumer financial services including 60,000+ surcharge-free ATMs, robust digital access, and some of the best rates for loans and savings in the Twin Cities. Membership is available for those who live, work, worship, go to school or do business in Anoka, Dakota, Hennepin, Ramsey or Washington Counties; Minnesota's education community & their families; and those who support education through membership in the Expedition Foundation; as well as other select employee groups. Learn more at www.expeditioncu.com.

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