Cannon named next CEO of Utah’s Credit Unions

The board of directors of Utah’s Credit Unions announced the permanent appointment of Rusty Cannon as its new CEO. As CEO, Cannon will oversee the association’s strategic initiatives, legislative advocacy at the state and federal levels, and member engagement, continuing Utah’s mission to defend, strengthen and promote the credit union movement.

Currently president and chief advocacy officer, Cannon brings three decades of extensive experience in advocacy, government relations and financial services. He previously served as president of the Utah Taxpayers Association.

“I am honored to step into this role and build on the strong foundation of the Association,” Cannon said. “Utah’s credit unions play a vital role in helping families achieve financial security and strengthening our communities. I look forward to continuing to defend the cooperative finance model that is a powerful force for good. I am also excited to support our credit unions through the strong partnership with Fuel Solutions.”

Cannon succeeds Scott Simpson, who is set to begin as president/CEO of America’s Credit Unions on Nov. 3. 

Reflecting on the transition, Simpson praised Cannon’s experience and leadership: “Rusty has an exceptional understanding of Utah’s political and policy landscape, and he brings the vision needed to guide the state’s credit union community,” Simpson said. “He is the right leader for Utah’s credit union family, and I have full confidence in the board’s choice.”

Tammy Phillips, CEO of Varex Federal Credit Union and chair of the board, added, “Rusty’s experience and leadership style make him an ideal match for our Association. The board is confident in this decision and excited to continue working with Rusty to protect Utahns’ right to choose a credit union for their financial services.”