Missy Key Named Next CEO of America First Credit Union
America First Credit Union taps Missy Key as its next President and CEO, succeeding Thayne Shaffer, who retires in March 2027.
America First Credit Union's Board of Directors has selected Missy Key as the institution's next President and Chief Executive Officer, the Riverdale, Utah-based credit union announced Tuesday. Key will take over leadership from current President and CEO Thayne Shaffer, whose retirement is set for March 1, 2027.
Shaffer is stepping down after 38 years of service to the organization, marking the end of a tenure that spans nearly four decades at one of the country's prominent credit unions. The board's announcement signals a planned transition designed to provide continuity of leadership ahead of his departure.
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The selection of Key reflects the board's confidence in an internal or otherwise vetted succession process, though the credit union has not disclosed details about Key's prior roles or background in the announcement summary. Leadership transitions of this kind at large credit unions are typically managed over extended timelines to allow incoming executives to acclimate before formally assuming authority.
America First Credit Union, headquartered in Riverdale, Utah, serves members across the region and is among the larger credit unions operating in the United States. The formal handoff between Shaffer and Key is expected to occur on or around the March 2027 retirement date.
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