Alliant Credit Union Appoints Ken Schaafsma as Interim CEO

  • Alliant Credit Union in Chicago has appointed Chief Risk Officer Ken Schaafsma as interim CEO, following the departure of President and CEO Dennis Devine.
  • Schaafsma, with 31 years of experience, has been Alliant’s CRO for seven years, overseeing areas like compliance and risk management.
  • Prior to Alliant, he held senior roles at Northern Trust.
  • Alliant Credit Union, established in 1935, is Illinois’ largest credit union, managing $20 billion in assets.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...