Elevations Credit Union Names Shelley Ormsby as Chief Lending Officer

Posted by Alyse Knudsen on June 1, 2026

Elevations Credit Union has appointed Shelley Ormsby as Chief Lending Officer to lead the organization’s lending strategy and oversee mortgage, consumer, and commercial banking. Ormsby will be responsible for driving responsible growth across the credit union’s lending portfolio while delivering strong value to members and supporting long-term financial sustainability.

“Shelley brings a unique combination of strategic thought, lending expertise, operational leadership, and legal insight,” said Elevations CEO Michael Calcote. “Her experience and thoughtful approach to growth will help us continue to meet our members’ evolving financial needs while staying grounded in our cooperative values.”

Ormsby brings more than 25 years of experience in financial services with deep expertise in lending, risk management, and regulatory compliance and most recently served as legal counsel and compliance officer at Elevations and provided strategic guidance across the organization.

Prior to joining Elevations, Ormsby held senior leadership roles at FirstBank and Centennial Lending. In those positions, she led commercial and mortgage lending teams, drove portfolio growth, directed operational transformation initiatives, and implemented compliance frameworks across multiple lines of business.

She holds a Juris Doctor from the University of Denver Sturm College of Law, a bachelor’s degree in business finance from Regis University, and is a graduate of the Graduate School of Banking at Colorado.

Posted in Colorado, Leadership, Regional Member News.