Illinois Credit Union Hall of Fame
Don Reedy has spent his entire working life at Olin Community Credit Union, beginning in 1978 when it had $15 million in assets. He rose through the ranks from collector to becoming CEO in 1991. Today Olin has over $410 million in assets, 7 branches and the membership doubled in size, now boasting more than 40,000 members Much of this amazing growth is due to the leadership and skills of Don Reedy. When considering new programs for the credit union Don’s first question is always “how does this affect our members”?
In addition to providing a great work environment, Don encourages staff involvement in the community and the Southern Illinois Chapter. Olin Community Credit Union donates over $40,000 each year to local charities through staff participation in charity events, fundraisers and donations. The credit union also hosts a golf outing that raises over $10,000 annually for local charities. Don is such a strong believer in having staff provide charitable assistance within the community that he allows employees time off work to help out in local fundraisers.
Leading by example, Don spends a great deal of time volunteering for both community and credit union organizations. He has served on the Southern Illinois Chapter Board and strongly encourages staff to attend and participate in as many Chapter activities as possible. He is serves on the board of the River Bend Growth Association.
Don’s admiration and respect from his staff, board and other credit unions in the area was demonstrated through the many letters and emails we received in support of his induction into the Hall of Fame.
Don is always available to his members, his staff, the community and any credit union CEOs that may need assistance. Without his strong leadership, sense of community, willingness to assist those in need, and pride in promoting the credit union movement, Olin Community Credit Union would not be the world class financial institution it is today.
We are honored to welcome Don Reedy, CEO of Olin Community Credit Union, into the Illinois Credit Union League’s Hall of Fame.