Kyle Markland has been named the permanent CEO of Municipal Credit Union. The credit union reported on Monday that it had completed the next step in its recovery plan with the appointment of Markland after operating under the conservatorship of the NCUA since May 2019, according to an agency press release.
Despite being conserved by the state Department of Financial Services, which appointed NCUA as the conservator, the credit union has reported an improving financial situation.
“The placement of Kyle Markland as the permanent CEO is a key step in the credit union’s recovery and lays the groundwork for its continued financial health and safety and soundness,” said John Kutchey, regional director for the NCUA’s Eastern Region.
Markland most recently served as COO for Bethpage Federal Credit Union, where he led several functional areas and strategic planning. Previously, he served as president/CEO for Affinity Plus Federal Credit Union in St. Paul, Minn., and executive vice president/CFO for Bellco Credit Union in Greenwood Village, Colo. Markland also held roles with GTE Federal Credit Union and Suncoast Schools Federal Credit Union.