Burbank, CA, October 4, 2021 – Partners Federal Credit Union (Partners, $2.4B) has announced the appointment of Ricky Otey (Otey) as their new president and chief executive officer (CEO).
Otey spent over 20 years in banking before making the move to credit union leadership. For the past seven years, Otey served as executive vice president and chief operating officer at $1.7B Sharonview Federal Credit Union. While at Sharonview, he was directly responsible for member acquisition and retention model initiatives that yielded member growth at twice the national average. His strong performance caught the eye of the Industry and Otey received the 2020 National CUES Exceptional Leader award for his strategic leadership and impact on building positive relationships and developing an extraordinary culture. Otey earned his MBA from Wake Forest University in 2017 and is committed to ongoing professional development. Otey believes “leadership is a journey that you never complete,” and has great expectations for his journey with Partners.
“I am beyond excited to join one of the nation’s best companies and look forward to our journey together. Partners is well positioned to continue to deliver on our brand promise and commitment to current and future Members and continues to be proud of our connection with The Walt Disney Company.” Otey shared.
Mark Gustovich, chairman of the board of Partners, looks forward to their future working relationship along with Otey’s contributions to the Member and cast member experience. “Ricky brings the leadership skills needed to guide the credit union forward and will be a partner to the board of directors as we work together to make all financial dreams come true for our Members, today and tomorrow.”