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LLCU CEO Harris resigns, CFO Althoff named interim CEO - Heartland Newsfeed

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DECATUR (Heartland Newsfeed) — Land of Lincoln Credit Union (LLCU) announced in a press release Thursday that Chief Executive Officer Doug Harris will be resigning from his position effective Friday. The credit union’s board of directors will be seeking a successor in the upcoming months.

Land of Lincoln Credit Union CFO Craig Althoff. Althoff was declared as interim CEO Thursday following the announced resignation of CEO Doug Harris, who is departing and relocating to a different job position. Althoff assumes those duties on Saturday. (Courtesy photo, Land of Lincoln Credit Union)

“It has been a tremendous privilege to lead the employees of LLCU,” Harris said in a statement. “I am proud to have worked with amazing colleagues and feel like we have made a significant impact on improving services and increasing value to LLCU membership.”

Harris cites his departure as “his career path leading me to relocate” and added that LLCU and the 26 counties they serve will remain very special to him.

Chief Financial Officer Craig Althoff was named interim CEO and will assume duties beginning Saturday while the board of directors begin the search for a new CEO.

“With our dedicated employees and senior management team, we are well positioned to continue to meet the needs of our members and to remain focused on our mission of providing excellent financial services and education to the communities we serve,” Althoff said in a brief statement.

Land of Lincoln Credit Union was founded in 1947. As a full-service financial institution, LLCU serves over 31,000 members. Membership in LLCU is open to anyone who lives or works in 26 Illinois counties and their immediate family members. Land of Lincoln Credit Union offers 12 convenient locations in 8 cities to best serve the needs of its membership. As a part of the CO-OP shared branching network, members also have access to over 5,000 branches and 30,000 ATM locations nationwide. For more information, visit them online at llcu.org.

Jake Leonard is the editor-in-chief of Heartland Newsfeed. He is general manager of Heartland Internet Media Networks and an active contributor to four newspapers for Pana News Group. He also serves as chairman of Tri-Counties Libertarian Party and Capital Area Libertarian Party, deputy candidate recruitment director for the Libertarian Party of Illinois and as chairman/co-founder of the Libertarian Party Millennial Caucus.

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