Credit Union:

North Coast Credit Union


Bellingham, WA




Contact: Rhonda Purdy
Email: [email protected]

Job Description:

To apply please submit your resume’ to [email protected] along with your response to the following questions:
1) Why are you interested in being the next President and CEO of North Coast Credit Union?
2) What skills, traits, competencies and experience make you a good fit for this position?

The closing date for applications is June 12, 2023.

Compensation & Benefits:

  • The President/CEO role is a contractual position with an initial term and renewal terms thereafter, as mutual agreed upon.
  • Hiring salary range is $185,000 to $245,000 per year, depending on experience
  • 401(k) Retirement Plan w/up to 10% employer contributions
  • Choice of 2 Medical Insurance Plans
  • Choice of 2 Dental Insurance Plans
  • Vision Insurance
  • Paid Vacation – starting at 4 weeks and increasing over time employed
  • 11 Paid Holidays
  • Paid Sick Time – accrues at 4 hours per pay period (12 days per year)
  • Free Counseling Services
  • Free Life Insurance/Accidental Death & Dismemberment Insurance
  • Free Long Term Disability Insurance

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.  Other duties may be assigned.

  • Keeps the Board informed of substantive issues related to operation, audit findings, growth opportunities and other pertinent issues.
  • Supplies the necessary guidance to assist the Board in recommending short- and long-term objectives for the credit union.
  • Develops regular schedule for making financial progress reports to the Board of Directors with statistical data supplied on a consistent basis including comparative data, charts and graphs.
  • Dispenses advice, guidance, direction, and authorization to carry out major plans and procedures, consistent with established policies and Board approval.
  • Provides strategic direction in all credit union functions to include: accounting, ALM, branch operations, business development, compliance, facility management, human resources, information technology, investments, lending, marketing, and risk management, fraud and security.
  • Oversees the adequacy and soundness of the organization’s financial structure including the on‑going operation of a computerized Asset Liability Management program, functional cost accounting systems, non‑earning asset control and liquidity.
  • Reviews operating results of the organization, compares them to established objectives, and takes steps to ensure that appropriate measures are taken to correct unsatisfactory results.
  • Ensures the credit union is in compliance with all federal, state and local laws and regulatory agencies as applicable.
  • Maintains adequate knowledge of cyber security risks and protocols. Oversees the appropriate risk-management tools to continually improve the credit union’s cyber resilience and adapt to changes in technology and cyber exposure.
  • Attends all board and special meetings. Establishes and maintains an effective system of communication throughout the organization.
  • Represents the organization including communication with shareholders, the financial community, regulatory bodies, credit union trade associations, and the general public.
  • Leads by example to foster and maintain an open and cooperative atmosphere; provides leadership related to communication, training and appropriate information sharing.
  • Is responsible for the prudent management of credit union assets, including real estate owned, furnishings and equipment, automobiles, investments, computerization, and investments in Credit Union Service Organizations.
  • Directs the development of programs, policies, strategies and practices to sustain a diverse, equitable, and inclusive environment that respects employees, members and communities.
  • Responsible for the hiring, promotions, transfers, and discharges of all staff including the design and maintenance of an effective organization design, developing a management team and providing the leadership to ensure effective, efficient and productive operations.
  • Other duties as assigned.



Directly supervises and coaches the Senior Management Team.  Is responsible for the overall direction, coordination, and evaluation of all branches and departments to assure financial stability, well-managed operations, excellent member service, and active community support.

Provides the leadership that ensures supervisory responsibilities are effectively and efficiently carried out by subordinates in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.



The performance standard for this position includes the following:

  • Adherence to sound business and financial practices in all credit union business transactions.
  • Attaining the key goals established by the Board of Directors.
  • Achievement of multiple “bottom lines” of the credit union including profitability, liquidity, social equity, economic objectives, and good corporate citizen.



To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.




  • Bachelor’s degree in Business Administration, Finance or Accounting, or equivalent experience.
  • At least five years of management experience, within the credit union industry or banking industry, directly overseeing the work of others, with a minimum of three of the five years in a senior management position.
  • Must have strong knowledge of financial institution balance sheet/liquidity risk and investments. Understanding of the Financial Accounting Standards Board (FASB) to assess the impact on accounting processes and ensure compliance with Generally Accepted Accounting Principles (GAAP) is necessary.

Preferred: Master’s or higher advanced degree in Business, Finance or Accounting, or equivalent experience.


Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from members regulatory agencies, or members of the business community.  Ability to write speeches and articles for publication that conform to prescribed style and format.  Ability to effectively present information to top management, public groups, and/or boards of directors.



Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.


Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.



None required.



Adheres to sound business and financial practices appropriate to credit union operations including the building of equity, achievement of multiple bottom-line results; that is, profitability, liquidity, social awareness and responsiveness, economic objectives and strategic planning goals of the credit union.



The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to walk, sit, climb, balance, stoop, stand; use hands and arms to handle, reach, and feel objects; and talk or hear. The employee must occasionally lift, carry and/or move up to thirty pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. Finger dexterity for operating computer, printer, fax, keyboard, calculator, telephone, and other equipment used. Ability to sit for extended periods of time as well as traveling to and from different branch locations when required.



The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet.