Credit union chief stepping down

Nathan Baker • Jan 9, 2019 at 11:06 PM

Appalachian Community Federal Credit Union’s top executive announced his intention to resign this year after more than eight years with the Kingsport-based financial institution.

Reached Tuesday, Ron Scott said he will leave the credit union in March with plans to move west, closer to his and his wife’s aging mothers. Scott said he notified the institution’s board and gave 90 days notice. Now board members are putting together a plan to name his successor, he said.

“I have had a ball,” he said. “We’ve spent 8.5 years investing in this community, and I appreciate the support I’ve received helping me be successful here.”

Scott, originally from Southern California, said the resignation was a tough decision for him and his wife, a Las Vegas native, to make, but ultimately it was the best choice for their family.

During his stay in the Tri-Cities, Scott served as chairman of the Northeast Tennessee Regional Economic Partnership, the economic development organization serving Washington, Carter and Unicoi counties, and helped lead the drive for regionalism.

Scott said he believed the organization will be in good hands after his departure and forecasted even more expansion of the regionalism approach in Northeast Tennessee.

In a statement emailed Wednesday, Appalachian Community Federal Credit Union's board chair thanked Scott for his service with the institution.

“We appreciate Ron’s years of guiding the credit union and advocating in the communities we serve,” ACFCU Board Chairman Royden Russell said. “We wish him the best in his future endeavors.”

Recommended for You

    Johnson City Press Videos