Chad Ritchie Hired as CEO of Matanuska Valley Federal Credit Union
Matanuska Valley Federal Credit Union (MVFCU) has selected Chad Ritchie as the Credit Union’s new Chief Executive Officer. Ritchie will follow Ed Gravley, who has served as the organization’s CEO since 2018.
When asked about joining MVFCU, Ritchie stated, “I am honored to have been selected as the next President and CEO of MVFCU. I look forward to joining the current team and what we can accomplish together for the membership.”
Most recently, Chad served as Chief Information Officer at Ventura County Credit Union ($1.4 billion in assets) in California, where he spearheaded significant digital transformation initiatives and enhanced organizational capabilities. Before that, Chad spent five years as Chief Operating Officer and Chief Information at Solarity Credit Union in Washington, where he played a key role in growing the organization’s assets to $1.3 billion in assets under management. He holds a Master of Business Administration from Western Governors University.
“We are excited to welcome Chad to the Matanuska Valley family,” said Karen Foster, Board Chair. “His extensive experience in leading organizational growth and transformation is well-aligned with the Credit Union’s goals and vision for the future.”