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Michael J. Nelson

Michael J. Nelson

Executive Vice President, Chief Financial Officer

We are large enough to offer a full plate of products and services, but we are small enough to know our members by their first name.

Financial Center has a great team of dedicated professionals and tens of thousands of loyal Credit Union members. We are large enough to offer a full plate of products and services, but we are small enough to know our members by their first name. The local management team along with a group of knowledgeable and dedicated volunteers is responsible for all of the decision making. Plus, we support the communities that we serve and practice the credit union philosophy of "people helping people" in everything that we do.

I enjoy the variety of work afforded me as Financial Center's Chief Financial Officer. There is always work to be done including financial analysis, reporting, investment management, risk management, forecasting, and regulatory exams to name a few. I know that the work I perform makes a difference.

Banks are owned by stockholders. It is the duty of bank directors to make decisions that benefit those stockholders. Those stockholders may or may not be customers of the bank. In contrast, credit unions are owned by their members. Every member-owner has an account with the credit union. It is the responsibility of the voluteeer credit union directors to make decisions that benefit the credit union and its members.