ORONO, Maine — The board of directors of University Credit Union has announced Renee Ouellette, CPA, as the credit union’s new president and CEO.
Ouellette, who began in the new position on Dec. 13, 2019, is the first female president and CEO in UCU’s 52-year history.
Ouellette will provide strategic leadership and oversight for UCU’s eight retail locations from Presque Isle to Portland, including three on-campus locations at the University of Maine in Orono, the University of Southern Maine in Gorham, and the University of Maine at Presque Isle.
“My fellow board members and I are thrilled to welcome Renee to her new role, having worked alongside her and trusted her expertise for more than 10 years. With this transition, we begin an exciting new chapter in UCU’s history,” said Gerald Hayman, Jr., chair of the UCU Board of Directors.
“In addition, I wish to thank our Executive Vice President Deb White-Rideout for stepping in as interim president during the board’s extensive CEO search process.”
Ouellette is a Certified Public Accountant with nearly 25 years of experience, including the last 10 years at UCU, most recently as senior vice president of finance. She holds a bachelor’s degree in accounting from Husson College and an associate degree in business management from Eastern Maine Technical College. She is also a graduate of the Association of Management Information in Financial Services (AMIfs) Comprehensive Performance Measurement School.
“I want to thank our board of directors for placing their confidence in me to lead UCU. I am fortunate to be surrounded by a highly skilled and dedicated team who provides the very best service to our members,” Ouellette said.
“Together, we will continue building on our strong growth and effecting positive change in our communities around the state,” said Ouellette.
Outside the office, Ouellette serves on the steering committee of the New England Financial Executives Council and volunteers on the boards of Special Olympics of Maine and the Bangor Chapter of Credit Unions. She is based out of UCU Headquarters at 15 Main Street in Orono.
