Sound Credit Union Names Stacey Wilkerson as Executive Vice President and Chief Financial Officer
Sound Credit Union Appoints Stacey Wilkerson as Executive Vice President and CFO
TACOMA, Wash., May 29, 2024– Sound Credit Union (Sound) has announced the appointment of Stacey Wilkerson as its new Executive Vice President and Chief Financial Officer. With 25 years of experience in finance, including leadership roles with large, community-centered credit unions, Wilkerson brings a wealth of knowledge and expertise to her new role.
"We’re thrilled to welcome Stacey to our executive leadership team," said Don Clark, Sound’s President and CEO. "We know our employees and our members will benefit from Stacey’s vast experience driving sustainable growth and developing innovative, affordable products and services that help families and businesses thrive."
In her new role, Wilkerson will oversee financial reporting and forecasting, balance sheet management, budgeting, revenue growth, liquidity and investment management, pricing strategies, and deposit growth initiatives. Prior to joining Sound, Wilkerson served as CFO at Tucson Federal Credit Union (TFCU), where she implemented creative strategies to serve members and managed the organization’s financial operations. She also directed advisory services for nearly 30 credit unions at the financial services firm ALM First.
"Joining the Sound Credit Union family is an honor, especially given its rich history of community-focused service," said Wilkerson. "Having worked with credit unions across the nation, I’m thrilled to bring my experience to the region. Together, we’ll successfully navigate the current financial landscape and continue looking for new ways to help members achieve their financial goals."
Wilkerson’s appointment comes as Sound Credit Union expands its membership and services. Earlier this year, Sound announced an acquisition agreement with Washington Business Bank, a distinguished commercial bank headquartered in Olympia, Washington. Following regulatory approvals, Sound Credit Union will acquire Washington Business Bank’s $104 million in assets and transition the bank’s customers into Sound Credit Union’s membership.
About Sound Credit Union:
Founded in 1940, Sound Credit Union is one of Washington State’s largest credit unions, serving 170,000 members through 26 full-service branch locations in the Puget Sound area. Sound is committed to providing authentic and trusted financial support and services to its members, employees, and the community.
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Cassidy Monda
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This news story highlights the appointment of Stacey Wilkerson as the new Executive Vice President and CFO of Sound Credit Union, showcasing her extensive experience and the organization’s commitment to growth and community-focused service.
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