Missy Key Named Next President and CEO of America First Credit Union
America First Credit Union taps Missy Key as its next chief executive, succeeding Thayne Shaffer upon his retirement in March 2027.
America First Credit Union's Board of Directors has selected Missy Key to serve as the organization's next President and Chief Executive Officer, the Riverdale, Utah-based institution announced Tuesday. Key will assume leadership when current President and CEO Thayne Shaffer steps down on March 1, 2027.
Shaffer is departing after 38 years of service to the credit union, a tenure that spans decades of growth in the cooperative financial sector. The planned transition gives America First roughly five months to execute an orderly handover of leadership responsibilities.
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The announcement signals the credit union's intent to maintain organizational continuity through a clearly defined succession timeline rather than an abrupt leadership change. Succession planning of this kind is considered a best practice among large financial institutions, allowing incoming executives to acclimate before formally assuming full authority.
America First Credit Union, headquartered in Riverdale, Utah, is among the larger credit unions operating in the United States, serving members primarily across the Intermountain West region. The selection of Key was made by the institution's Board of Directors, which holds governance authority over executive appointments at member-owned cooperatives.
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