Tom Murray named new Nelson credit union CEO

Longtime Nelson and District Credit Union employee Tom Murray has been named the organization's new CEO, effective immediately

Tom Murray is the new CEO of the Nelson and District Credit Union.

Longtime Nelson and District Credit Union employee Tom Murray has been named the organization’s new CEO, effectively immediately. Murray replaces Doug Stoddart, who has retired after 24 years with the credit union.

“Tom has been a valued staff member for 11 years and an active community volunteer,” said a news release issued by the credit union. “He is highly respected by his peers and colleagues. He competed for the CEO position with over 20 highly qualified applicants from across Canada.

“No one understands our community and its needs better than long-time community members, and no one understands Nelson and District Credit Union better than longtime employees.”

Murray has an economics degree from Stanford University and an MBA in finance and environmental management from the University of Washington. Before joining the credit union, he worked as a private business consultant and as regional loans manner for Community Futures in Nelson.

“I am very excited for this opportunity, and I look forward to stewarding our credit union’s continued success,” Murray said in the news release. “I’m passionate about credit unions and co-operatives, as their values are increasingly important in building resiliency and sustainability in our rural areas.

“I’ve had the honour and pleasure of serving our members for over 11 years, and I look forward to continuing that work in the communities we serve. I will work with the board, management and staff to continue to build an organization that clearly values co-operation and community.”

Newly-elected credit union board chair Andy Chute said the search for the new CEO was “extensive.”

“Our search committee received a wealth of applications and was very pleased with the high calibre of talent that the posting attracted. We were looking for a CEO who can meet some of our key goals and continue to build on our ability to support our members and the communities that we serve.

“Tom brings an incredible level of knowledge of credit union operations, much thanks to Doug Stoddart’s influence and a strong passion for our communities and a leadership style based on teamwork and co-operation. These characteristics will be essential in meeting our goals. We are excited to have him as the new CEO.”

In addition to his work with the credit union, Murray is an experienced backcountry ski guide and works seasonally for Selkirk Snowcat Skiing. He lives in Nelson with his wife Bronwyn and their children.

Just Posted

Nearby wildfire closes Idaho Peak

The popular hiking spot is off limits to the public

Granite Pointe’s GM honoured among world’s top golf teachers

David Belling has been included on a top-100 list

VIDEO: Nelson Leafs prepare for new season with training camp

Forty-seven players hit the ice last weekend

Former mayor to advise would-be West Kootenay politicians

Christina Benty will lead a candidate workshop on Aug. 27 in Castlegar

Child, 4, attacked by cougar near Fernie

The BC Conservation Officer Service said it happened while the family was fishing

VIDEO: Monday Roundup: Aug. 13, 2018

The Nelson Star’s weekly news roundup

Child dies in boating incident in Okanagan

A North Vancouver family was boating on Kalamalka Lake in Vernon when the incident occured

B.C. Wildfires 2018: Province calls for federal aid

More fires have burned in B.C. already this year than did in all of 2017

Kayak in Indian Arm waters off B.C.’s Deep Cove and feast on famous doughnuts

About a half hour drive from Vancouver, Deep Cove is a great kayaking spot for locals and tourists

Trans Mountain pipeline protesters practise resisting police at Camp Cloud

Last week, a Supreme Court judge granted the City of Burnaby an injunction ordering protesters to remove everything from the site

Gun used in Fredericton killings is legal, man had licence

Police Chief Leanne Fitch said the long gun is commonly available for purchase, and is not a prohibited or restricted weapon

Ontario will sell pot online when legalization comes in the fall

There are further plans to have pot in private retail stores in early 2019

Woman missing after car swept away by mudslide near Cache Creek

A search is now underway for Valerie Morris, who has been missing since the afternoon of August 11.

VIDEO: B.C. city to host Western Regional Quidditch Championship in 2019

The fictional game in the Harry Potter series has become popular around the world, with 600 athletes in Canada alone

Most Read