Financial Partners’ Nader Moghaddam Elected New Chairman of CU Direct

CU Direct’s Board Election Results and New Officers Announced During DRIVE ’17 Conference, Citadel’s March Recognized for Service.

Las Vegas, Nevada | May 24, 2017

CU Direct, the nation’s leading lending technology and automotive solutions provider for credit unions, has announced the results of their board of directors and officers elections during the company’s annual shareholders meeting at the DRIVE ‘17 Conference.

CU Direct’s board of directors elected Nader Moghaddam, president and CEO of Financial Partners Credit Union, as the company’s new chairman during its officers election. Moghaddam has served on CU Direct’s board since 2011.

Jim Laffoon, president and CEO, Security Service Federal Credit Union and Keith Sultemeier, president and CEO, Kinecta Federal Credit Union, were re-elected to three year terms on the board of directors. Chuck Purvis, president & CEO, Coastal Federal Credit Union was elected to a three-year term as director, after serving on the board as an associate director.

The company’s board of directors also elected Keith Sultemeier as vice chairman, and Jim Laffoon as the board’s secretary and treasurer.

During the company’s shareholder’s meeting, CU Direct’s president and CEO, Tony Boutelle and the board of directors recognized outgoing chairman, Jeff March, president and CEO of Citadel Credit Union, for his leadership, dedication and nine years of distinguished service on the board.

“CU Direct and our board of directors wishes to express its sincere gratitude and appreciation to Jeff for his leadership, guidance, and outstanding service as chairman,” said Boutelle of March. March will continue to serve as Ex-Officio on the board, as well as a director on Intuvo’s board, a CU Direct company.

Also serving on CU Direct’s board of directors are:

Donna Bland, president & CEO, Golden 1 Credit Union
Sterling Nielsen, president & CEO, Mountain America Credit Union
Brett Martinez, president & CEO, Redwood Credit Union
Erin Mendez, president & CEO, Patelco Credit Union
Benson Porter, president & CEO, BECU
John Lund, ex-officio, president & CEO, America First Credit Union

About CU Direct

For more than twenty years, CU Direct has been a lending technology leader, helping credit unions fund $211 billion in loans. More than 1,100 credit unions rely on CU Direct’s solutions to generate loans, create efficiencies, and grow membership. From CUDL, the industry’s number one auto lending platform, to the industry’s revolutionary Lending 360 Loan Origination System, and Lending Insights dynamic analytic tools, CU Direct develops the technology that helps credit unions advance their lending programs and overall portfolio success. 14,000 auto dealers nationwide use CU Direct’s automotive solutions to connect with credit unions and their members to drive sales and increase their bottom lines. For more information, visit Connect with CU Direct on Twitter and LinkedIn.