Verve, a Credit Union, has announced the hire of Glen Stiteley as Chief Financial Officer (CFO). Stiteley comes to Verve from Shipbuilders Credit Union, where he most recently served as President, CEO, and CFO. He has nearly thirty years’ experience in the financial services industry and over seventeen years’ experience as CFO at various financial institutions in Wisconsin and Illinois.
As Chief Financial Officer, Stiteley will be responsible for directing and overseeing all of Verve’s financial activities to ensure the credit union’s financial health and stability. He will collaborate in strategic planning and organizational decision-making as a valued member of Verve’s leadership team.
“Glen is an astute, solutions-driven executive with comprehensive experience in the banking industry,” said Kevin J. Ralofsky, President and CEO of Verve. “His expertise, communication skills, and leadership style will drive our team’s initiatives and advance the strength of our financial cooperative.”
In addition to Shipbuilders Credit Union, Stiteley’s work experience includes CFO at Investors Community Bank, CFO at First Community Financial Bank, and Auditor at McGladrey & Pullen, LLP. He is a Certified Public Accountant through the Wisconsin Department of Safety and Professional Services and obtained Exceptional Leadership certification through St. Norbert College’s Executive Leadership Program. Stiteley earned his BBA in Accounting from Eastern Michigan University and his master’s degree in Executive and Bank Financial Leadership from the University of Virginia Darden School of Business.
Stiteley is currently on the Board of Directors for the Autism Society for Greater Wisconsin and the Autism Society for Northeast Wisconsin, where he also serves as treasurer. He is a member of the finance committee for Green Bay Country Club.
“I’m honored to be here,” said Stiteley. “It’s evident that Verve’s success and impact are driven by the combined talents of many dedicated team members. In that collaborative spirit, I look forward to working with our accounting and finance teams to maximize the systems and processes that best serve our members.”
Founded in 1937, Verve, a Credit Union, is a member-owned, not-for-profit financial cooperative with more than $1.5 billion in assets and serves close to 65,000 members at 20 locations. Membership is open to anyone who lives, works, or worships in 23 counties throughout Wisconsin, Illinois, and Minnesota and to employees of Kimberly-Clark Corp., Fox River Paper Co., the medical services industry, and the immediate family of any current member, or statewide to anyone in Wisconsin, Illinois, or Minnesota through ACC membership. Federally insured by NCUA