Rivermark’s Scott Burgess to Serve as Emeritus President and CEO and Contribute to Smooth Leadership Transition
July 17, 2018
7/17/18Scott Burgess, Rivermark Community Credit Union Emeritus President/CEO
In June, Rivermark Community Credit Union announced Scott Burgess will move into the new role of Emeritus President and CEO. In that role, he will work over the next year with the credit union’s newly appointed President/CEO, Seth Schaefer, as well as the rest of the credit union’s staff, to contribute to a smooth and productive transition.
Burgess served as Rivermark’s President/CEO for more than 17 years and dedicated more than two decades to the credit union industry, starting his career at Portland Teachers Credit Union (now OnPoint Credit Union) as a financial analyst. Throughout his career, he’s proven to be a tireless, devoted advocate to the Credit Union Movement.
During the 2017 Oregon legislative session, Burgess testified in support of HB2161 – the bill updating the Oregon Credit Union Act. It successfully passed and went into effect Jan. 1.
The bill made four changes, including allowing Oregon’s regulator to set the minimum number of board meetings, making critical changes to the process of submitting bylaw changes to the Department of Consumer and Business Services, updating rules on closing members’ accounts, and updating the federal parity provisions in Oregon law.
In 2016, the Northwest Credit Union Association (NWCUA) recognized his commitment, naming him Oregon Credit Union Advocate of the Year. In 2017, Burgess joined the NWCUA’s Board of Directors.
“Rivermark is setting an excellent example of strategic succession planning,” said Troy Stang, President and CEO of NWCUA. “I am confident both Scott and Seth’s contributions in this process of the credit union’s leadership transition strategy will provide for a thoughtful changeover for members and staff, will continue Rivermark’s strong members-first philosophy, and will further strengthen the Credit Union Movement overall.”
Burgess will continue to serve on the NWCUA’s Board of Directors in his new role at the credit union. Schaefer will serve on the NWCUA Oregon Government Affairs Committee as he prepares to assume the advocacy contributions Burgess has led during his career in the corner office.
“We are so pleased to have Scott serve on the Board,” said NWCUA Board Chair, Brooke Van Vleet. “We value his many contributions and solid expertise in the boardroom. The Credit Union Movement is stronger today because of Scott’s tireless advocacy.”
Rivermark’s Board Chairman, Steve Lucas, said Burgess implemented critical, positive changes at the credit union, which will be felt for many years to come.
“I’m honored to have had the opportunity to work with Scott over the years,” Lucas said. “His contributions to Rivermark and the industry are immense and pave the way for us to continue to build for the future. We are extremely grateful for his visionary leadership, and extremely excited to recognize his distinguished service by having him serve in an Emeritus role for the next year, as we pass the baton to Seth.”
Rivermark Community Credit Union serves 89,000 members and has over $850 million in assets. Membership is open to anyone who lives or works in Multnomah, Clackamas, Washington, Yamhill, Marion, Gilliam, Hood River, Sherman, Wasco, Wheeler, and Polk Counties.
Posted in Around the NW.