The Family Credit Union Announces Michael Brandt as New CEO

April 17, 2025

IOWA — The Family Credit Union, a not-for-profit financial cooperative headquartered in Davenport, announced today the appointment of Michael Brandt as its new Chief Executive Officer. Brandt's first day will be April 25th.

Brandt brings more than 24 years of experience in the credit union industry, including more than half of those years as president/CEO of two successful credit unions. His career began as a loan officer and quickly progressed to positions including financial services manager and vice president of lending on his journey to the top leadership role.

Most recently, Brandt served as president/CEO of Empower Credit Union in West Allis, Wisconsin, where he developed partnerships with area non-profit organizations to enhance the credit union’s brand recognition, grow membership, and increase loans. He was recognized as a Notable Credit Union Leader by BizTimes magazine in 2021 for creating the credit union’s Change for Charities debit card program. This program allowed members to round up their debit card purchases, donating the difference to select non-profit groups, with the credit union matching those donations each year.

As the CEO of Evergreen Credit Union in Neenah, Wisconsin, Brandt received the Sustainable Leadership – Small Business award from the Wisconsin Sustainable Business Council for his efforts in transforming the small credit union into a top performer with a mission centered on environmental responsibility. His work at Evergreen also earned him the title of Credit Union Rock Star by Credit Union Magazine in 2016. 

Under Brandt’s leadership, the credit union will continue its commitment to providing exceptional financial services, fostering strong member relationships, and supporting the economic well-being of members.

The Family Credit Union provides innovative financial products and services to encourage the lifelong success of its members. The credit union was originally founded in 1935 as the Kohrs Credit Union.  The name changed to Oscar Mayer Credit Union after the Oscar Mayer Company purchased Kohrs. It is currently headquartered in Davenport, Iowa and serves members in Perry, Eastern Iowa and Western Illinois. For more information, visit www.familycu.com.