The Arsenal Credit Union Board of Directors conducted a comprehensive six-month search for a new President and Chief Executive Officer. The search included many highly qualified candidates from across the industry. The Board proudly selected Mr. Richard Preble as the new President and CEO. He previously served at Black Hills Credit Union. He will step into his role on September 29, 2025.

Mr. Preble previously held the position of Chief Experience Officer while at Black Hills Credit Union. He replaces long-time CEO Linda Allen. She led Arsenal Credit Union for 31 years prior to announcing her retirement back in early April of this year.

Arsenal retained the services of Cornerstone League to assist the Board of Directors in the executive search. Mr. Gary Dierks, Chairman of the Arsenal Board of Directors, indicated Cornerstone provided the board an exceptional field of candidates. They also added considerable value to the selection process.

“What stood out to us about Richard was not only his impressive leadership experience, but also his forward-looking vision for the future of Arsenal Credit Union,” says Mr. Dierks.

“Richard deeply believes in the power of teams, values the importance of listening, and embraces the idea that when we work together with purpose, we can achieve limitless results. We believe his experience, values and proven success at other credit unions make him the best person to lead Arsenal Credit Union into the future.”

Mr. Preble conveyed “I am honored to join Arsenal Credit Union; its heritage and tradition has been about people helping people since 1948. I look forward to serving our members and the greater St. Louis area and building on the Arsenal traditions.”

Mr. Preble and his family are excited about their upcoming relocation to the St. Louis metro area. The board is confident in Richard and is eager to begin this next chapter together. We feel inspired about what lies ahead!

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