Kelly McDonough
Yorkville,IL
Summary
I am a successful not-for-profit CEO with extensive financial and executive experience recognized as a business leader in the Rochester community. I have successfully created an award winning workplace culture and inspire loyalty and trust from both employees and members.
Overview
36
36
years of professional experience
Work History
President/CEO
Earthmover Credit Union
Oswego, Illinois
06.2019 - Current
- Grew the organization by $125 million in assets in 5 years.
- Dynamic and growing $400 million institution with 5 branches
- Over 80 employees
- Serving 30,000 members in SW suburbs of Chicago
- Merged with another $30 million Credit Union
- Added a new branch location and acquired land for another
President/CEO
Glacier Hills Credit Union
West Bend , WI
05.2017 - 06.2019
- Dynamic and growing $120 million credit union
- More than 50 employees
- 3 branch offices
President/Chief Executive Officer
First Alliance Credit Union
Rochester, Minnesota
08.2003 - 10.2016
- First Alliance Credit Union is an award-winning, $160 million, rapidly growing, enterprising community chartered credit union with 13,500 members in Southeast Minnesota.
- Four branch offices and 53 employees.
- A full-service credit union offering a broad array of financial products and services including real estate and business loans.
- We prided ourselves on our agility and work with a close knit management team on a management by objectives basis.
Vice President Finance/Chief Financial Officer
Vermont Federal Credit Union
Burlington, Vermont
07.1995 - 08.2003
- As a member of the senior management team for this dynamic credit union with 55 employees, I was:
- Responsible for all aspects of the accounting function including preparation of financial statements and analysis, asset liability management, investments, and operating and capital budgets.
- Responsible for the human resource function, general administration, purchasing, compliance, internal audit and employee training.
Vice President Operations
New England Federal Credit Union
Williston, VT
06.1988 - 03.1992
- Coordinated product, operations and human resource management for a rapidly growing inter-state credit union
- Managed all deposit products and transactions with an emphasis on quality, service, competitiveness, while maximizing fee income.
- Operational responsibilities included: facilities management and an on-line, real time data processing department.
- Responsible for all retail branch delivery (6 branches) and back-office processing of member transactions in our ATM and member bookkeeping departments which handled all electronic transactions and share draft processing.
Education
Master of Science - Business Continuity Management
Norwich University
NorthfieldSchool for Bank Administration
University of Wisconsin
Bachelor of Arts - Business Administration
St. Michael's College
Skills
- Inspirational Leader
- Exceptional Communication Skills
- Strategic Thinker
- Significant Investment Portfolio Management Experience
- Strong Financial Background - CPA
- Community Leader
- Policy Development in Highly Regulated Environment
- 17 years CEO Experience in Not-for-Profit Organization
Accomplishments
Established community charter for First Alliance Credit Union
Expanded credit union from two to four branches
Successful acquisition and merger of Rochester Dairy ECU
Launched successful business lending program
Launched successful rebranding projectLed core data processing conversion
Created award-winning workplace culture - Named Best Place to Work in Southeast Minnesota
Minnesota Credit Union Professional of the Year - 2016Rochester Post Bulletin's Reader's Choice Best Financial Institution - 2016Additional Information
- Board of Directors - United Way of Washington County
- Three term Director - United Way of Olmsted County
- 2013 Campaign Chair for United Way of Olmsted County
- Member of the United Way of Olmsted County Women's Leadership Council
- Minnesota Credit Union Network Board of Directors
- Political Involvement Committee Minnesota Credit Union Network
- Minnesota Representative on CULAC Board of Trustees
- 2012 Extraordinary Rochester Businesswoman
- 2012 MN Finance & Commerce Top Women in Finance Award
- 2016 Credit Union Professional of the Year - State of Minnesota
Timeline
President/CEO
Earthmover Credit Union
06.2019 - Current
President/CEO
Glacier Hills Credit Union
05.2017 - 06.2019
President/Chief Executive Officer
First Alliance Credit Union
08.2003 - 10.2016
Vice President Finance/Chief Financial Officer
Vermont Federal Credit Union
07.1995 - 08.2003
Vice President Operations
New England Federal Credit Union
06.1988 - 03.1992
Master of Science - Business Continuity Management
Norwich University
School for Bank Administration
University of Wisconsin
Bachelor of Arts - Business Administration
St. Michael's College
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