Elevations Credit Union Appoints Gytis Tuminas as Chief Financial Officer

Posted by Alyse Knudsen on April 3, 2026

Elevations Credit Union has appointed Gytis Tuminas as Chief Financial Officer, following the recent appointment of former CFO Michael Calcote into the role of President and CEO.

Tuminas will now oversee finance and accounting, along with several functions that support strategy, performance, and organizational effectiveness. He will continue to guide strategic and business plan execution across the organization, with a focus on operational excellence and long‑term financial strength.

“Gytis brings a rare combination of strategic rigor, operational insight, and institutional knowledge,” said Michael Calcote, President and CEO of Elevations Credit Union. “He’s a forward-thinking leader, and he’s been instrumental in strengthening our financial foundation and advancing how we operate as an organization.”

Tuminas joined Elevations in 2007 and has held a variety of roles across the organization, building deep expertise in financial management, risk management, budgeting and forecasting, regulatory compliance, and team development. He began his career at Elevations as a teller, a perspective that continues to shape his leadership approach and his commitment to valuing ideas from all levels of the organization.

He holds a bachelor’s degree in finance from the Leeds School of Business at the University of Colorado Boulder and is an honors graduate of Western CUNA Management School. Tuminas is actively engaged in the local community through board service as Vice Chair of the Local Change Foundation, Treasurer of the WOW! Children’s Museum, and a board member with Rocky Mountain Performance Excellence.

Posted in Colorado, Leadership, Regional Member News.