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Leadership Transition at Soarion Credit Union: New Beginnings

Leadership Transition at Soarion Credit Union: New Beginnings

Leadership Transition at Soarion Credit Union: A New Chapter

In a significant announcement for the Soarion Credit Union community, President and CEO Ryan Ross has chosen to step down from his position. He plans to pursue a new opportunity with the University of Kentucky Federal Credit Union. During his four-year tenure, Ross demonstrated unwavering dedication and a strong commitment to improving member services.

Ric Ledezma: The New Face of Leadership

Stepping Up to Lead

Ric Ledezma, who currently serves as Executive Vice President and CFO, has been named the next President and CEO of Soarion. Since joining the credit union, Ledezma has made valuable contributions, spearheading initiatives that have laid the groundwork for continued success.

Ross’s Impactful Tenure

Reflecting on his experience at Soarion Credit Union, Ryan Ross feels a deep sense of pride. "It has been an incredible honor to be President and CEO of Soarion Credit Union over these last four years. I couldn't be happier with what we have accomplished to better serve our members. I am confident that Ric will carry on this effort with outstanding results," he shared. Ross's decision to leave stems from a desire to reconnect with family in a different region, though he emphasizes that San Antonio will forever hold a special place in his heart.

Achievements Under Ross's Leadership

Since joining in 2020, Ross has led transformative initiatives at Soarion. He brings over 16 years of extensive experience in the credit union sector, which has enabled improvements across various areas, including lending, finance, and risk management. Before his time at Soarion, Ross had a distinguished career at Pen Air Federal Credit Union.

Ledezma’s Vision for the Future

Ric Ledezma envisions a promising future for Soarion Credit Union. His strategic leadership is already steering the credit solutions and risk management efforts. A native of South Texas, Ledezma deeply values community service and intends to strengthen Soarion’s bond with its members.

A Strong Commitment to Financial Integrity

In his own words, Ledezma stated, "I am honored to have been entrusted by our Board of Directors to take on this exciting new opportunity. I look forward to bringing that spirit into our endeavors to offer the best possible solutions for our members to achieve their financial goals." His extensive background, including a Bachelor’s in Business Administration from Texas A&M International University and an MBA from the University of Texas at San Antonio, prepares him well for the challenges ahead.

Continued Commitment to the Community

Soarion Credit Union has always prided itself on being a member-centered organization. Founded in 1952 by ten airmen, the credit union now serves nearly 55,000 members. It is dedicated to providing essential financial services, with total assets exceeding $670 million.

Soarion's mission transcends traditional banking; it actively engages in community service and strives to make a positive impact on society. Under Ledezma's leadership, the focus is expected to remain on these values, promoting growth while nurturing community connections.

Frequently Asked Questions

What prompted Ryan Ross to leave Soarion Credit Union?

Ryan Ross is looking for a new opportunity with the University of Kentucky Federal Credit Union to be closer to his family.

Who has been appointed as Ryan Ross's successor?

Ric Ledezma, the existing Executive Vice President and CFO, has been promoted to President and CEO of Soarion Credit Union.

What achievements did Ryan Ross accomplish at Soarion Credit Union?

During his time at Soarion, Ross introduced significant initiatives that enhanced member services and fortified the institution's overall operations.

What is Ric Ledezma’s experience in the financial industry?

With nearly 25 years in the field, Ledezma has substantial experience in bank operations and leadership within credit unions.

How does Soarion Credit Union engage with the community?

Soarion Credit Union is committed to community involvement through volunteer work, scholarships, and diverse sponsorships.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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