Industrial Credit Union Taps Brandon Hahnel to be its new President and CEO

Hahnel succeeds Terri Salstrom, who served as Industrial’s President and CEO for 25 years.

1/8/19

Brandon Hahnel headshot
Brandon Hahnel has been named Industrial Credit Union’s new President and CEO.

Brandon Hahnel has spent 14 years in the credit union industry in Washington, where he has gained broad knowledge of finance and accounting, information technology and data analytics, among other aspects of the industry. According to Industrial Credit Union’s Board of Directors Chairman Michael Ashby, it’s a background that will serve him well in his new role as President and CEO for Industrial Credit Union.

“The Board of Directors is very excited to welcome Brandon as our new President and CEO,” said Ashby. “Brandon’s diverse background, unique experiences, and track record of execution is exactly what Industrial Credit Union needs at a time of dynamic change within our industry. We are confident that we have selected a very strong leader for Industrial Credit Union and that our organization and membership are safe within his hands.”

Ashby also commended former CEO, Terri Salstrom, for her service to Industrial Credit Union.

“On behalf of the Board, I want to thank Terri for her outstanding service to the credit union and wish her a happy and healthy retirement.”

Salstrom announced her retirement last August, after serving the credit union for 36 years—25 of those as President and CEO. She is known for being member-focused and for her community involvement in the region, as well as educating and empowering Industrial members. Her community connections and industry expertise grew the credit union to more than $245 million in assets.

Hahnel has worked his way up in the industry after beginning his career at Whatcom Educational Credit Union (WECU) as a teller. He served as WECU Vice President of Finance and Accounting, Interim CFO, Interim CIO, and most recently as Vice President of Data Analytics, a role that he has held for the past year. He earned a bachelor of arts degree in economics from Western Washington University in Bellingham, Washington, and is currently working toward an MBA from Washington Governor’s University in Kent, Washington. He also serves as a board member for United Way of Whatcom County.

Hahnel looks forward to his new role and serving the staff and membership of Industrial. “I joined the credit union industry 14 years ago and was immediately captivated by the vision and mission of the credit union movement. I am thrilled to have been offered the role of President and CEO at Industrial Credit Union, and very much look forward to leading the team and serving the membership,” he said.