Schmidt named President, CEO of Black Hills Federal Credit Union

Jerry Schmidt

RAPID CITY, S.D. — The Board of Directors of Black Hills Federal Credit Union announced on Wednesday that Senior Vice President Jerry Schmidt has been named to succeed Roger Heacock as President and Chief Executive Officer at BHFCU.

“Early in 2019, the Board engaged a consulting firm to conduct a nationwide search for an ideal candidate to lead BHFCU,” said Jason Green, Board Chair. “We knew it would be critical to find the right person to replace Roger Heacock, an amazing leader who served the credit union for 42 years.”.

Schmidt has solid leadership experience and has shown a steadfast commitment to the institution that he as served for over 13 years. His ability to strategically manage and lead such a diverse group of business divisions will help him transition to the new role. Over the years, he has been involved with operations, facilities, risk management, insurance, investments, and other ancillary services. According to Green, Schmidt’s leadership philosophy, experience, and commitment to the credit union’s mission were crucial factors in his selection.

Before he began his career with BHFCU, Schmidt enjoyed a long career at Safeway, Inc., where he served in varying leadership roles.

“I am honored to further Black Hills Federal Credit Union’s mission of improving lives,” said Jerry Schmidt. “I look forward to continuing to work alongside our leadership team, our visionary Board of Directors, and BHFCU’s amazing staff to provide the excellent service our members expect and deserve.”

As Rapid City native, Schmidt has extensive knowledge of the organization and region. He will continue to work closely with Heacock through the end of 2020 to ensure a smooth transition.

“Having worked with Jerry for over 13 years, I fully support the Board’s decision,” shared Roger Heacock, current President and CEO. “I am confident in Jerry’s leadership and his commitment to Black Hills Federal Credit Union, our members, and the communities we serve. I can retire with confidence, knowing that under Jerry’s guidance, our members and staff are in capable hands.”

The appointment will be effective January 4, 2021.

Categories: Local News, South Dakota News