After conducting a comprehensive six-month search for a new President and Chief Executive Officer that contained highly qualified candidates from across the industry, the Arsenal Credit Union Board of Directors is pleased to announce Mr. Richard Preble formerly of Black Hills Credit Union, has been named as the next President and CEO to lead Arsenal Credit Union, effective September 29, 2025.
Mr. Preble previously held the position of Chief Experience Officer while at Black Hills Credit Union and replaces long-time CEO Linda Allen who led Arsenal 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 and 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 believes deeply in the power of teams, the importance of listening and the idea that when we work together with purpose, there are no limits to what can be achieved. We believe that, based on his experience, values, and background of success at other credit unions, he is the best fit for Arsenal Credit Union to lead us into the future at this time.”
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, and we are inspired by what lies ahead!
