Empowering Financial Resilience: UCU Appoints Mandy Austin as VP of Finance

Oct 14, 2024 at 6:53 PM

Navigating the Financial Landscape: UCU Welcomes Mandy Austin as VP of Finance

University Credit Union (UCU) has announced the appointment of Mandy Austin as its new Vice President of Finance. In this pivotal role, Austin will join the credit union's senior leadership team, overseeing the organization's financial operations and serving as the primary liaison with external auditors and regulatory authorities in the accounting and finance sectors.

Empowering Financial Stability and Growth for UCU Members

Strengthening Financial Oversight and Strategic Initiatives

Austin's extensive experience in financial management will be instrumental in driving UCU's long-term financial objectives and ensuring the organization's financial health and stability. In addition to her oversight responsibilities, she will collaborate with other senior managers to develop strategic initiatives that will further UCU's growth and enhance member services. By leveraging her expertise, Austin will play a pivotal role in advancing the credit union's financial goals and delivering exceptional value to its members.

Delivering Quality, Competitive Products and Services

"Strong financial operations are key to delivering quality, competitive products and services to UCU members who rely on us for their financial needs through every stage of life," said Renee Ouellette, President and CEO of University Credit Union. With Austin's leadership, UCU will be better equipped to provide its members with the financial solutions and services they require, ensuring they receive the best possible returns, service, and overall credit union experience.

Tapping into Extensive Financial Management Experience

Austin joins UCU with over two decades of financial management experience, most recently serving as the Director of Administration at Bison Transport USA, formerly Hartt Transportation Systems, Inc. In this role, she oversaw financial operations across multiple locations, demonstrating her ability to navigate complex financial landscapes and drive organizational success.

Fostering a Member-Centric, Not-for-Profit Approach

As a not-for-profit, member-owned financial institution, UCU is dedicated to promoting financial well-being for the individuals and communities it serves. With Austin's leadership, the credit union will continue to deliver on its mission, returning its profits back to members in the form of lower loan rates, higher deposit yields, lower fees, and more solutions and services.

Expanding Reach and Serving Communities Across Maine

Established on the University of Maine campus in 1967, UCU has grown to become one of the largest credit unions in the state, serving members across Maine with locations in Orono, Bangor, Farmington, Gorham, Portland, Presque Isle, Machias, and Augusta. With Austin's expertise and the credit union's commitment to its members, UCU is poised to continue its expansion and enhance its service offerings to communities throughout the state.