Blue Cross Blue Shield of Michigan

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Date ArticleType
8/5/2024 11:47:31 AM Member News
Security Credit Union Appoints Jay Yax as New President & CEO

Security Credit Union (SCU) is pleased to announce the appointment of Jay Yax as the new President and Chief Executive Officer. With an impressive tenure of 38 years at SCU, Jay Yax brings a wealth of experience and a deep commitment to the credit union’s mission and values.

Jay Yax has most recently served as Senior Vice President and Chief Operating Officer, where he was instrumental in overseeing all operational functions of the credit union. His extensive responsibilities included managing SCU's lending portfolio, products, and activities; overseeing deposit products and delivery channels; ensuring efficient facilities operations and maintenance; leading branding and marketing initiatives; administering the corporate compliance program and regulatory adherence; and implementing robust risk management strategies.

The SCU Board of Directors is confident that Jay Yax’s extensive experience and proven leadership will drive the credit union to new heights. His unwavering dedication to the employees, members, and the community exemplifies the core values of Security Credit Union. Jay’s vast experience and commitment to our members make him the perfect leader to guide Security Credit Union into the future.

Jay Yax expressed his gratitude and excitement about his new role, stating, "I am honored and grateful for the trust and confidence the SCU Board of Directors has placed in me to lead the credit union into the future. I am fortunate to be surrounded by a great Board of Directors, management, and employees who serve SCU’s members well and drive the success of the credit union. I look forward to continuing to work with the SCU team in support of SCU’s mission, vision, and values.”

Yax’s appointment marks a significant milestone for Security Credit Union as it celebrates its 75th anniversary. Under his leadership, SCU will continue to uphold its commitment to serving the financial needs of its members while fostering the growth and development of the community.