After 45 years in the credit union world, Trent Kerr announces his retirement

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Indiana State University’s longtime Federal Credit Union President and CEO Trent Kerr has announced he will retire at the end of the year after being the head of the credit union for 30 years.

In a statement from the ISUFCU board of directors, Kerr has had a long and successful history with the Terre Haute, Ind. ($ 130 million in assets, 9,713 members), as well as a long career in the credit union industry going back 46 years.

“On behalf of the board, I want to congratulate Trent Kerr on his retirement. For over 30 years, Trent’s hard work and dedication to the ISU Credit Union has been crowned with success by any statistic or financial metric, ”said ISUFCU Chairman of the Board, Andrew Southard.

Trent Kerr Trent Kerr

Southard added, “His unwavering commitment to serving ISU Credit Union members, students and staff at Indiana State University, Terre Haute and the Great Wabash Valley is to be celebrated and commended. The professionalism, integrity, love of family and community of Trent will always be remembered. We wish Trent a happy, healthy and joyful retirement.

According to the Credit Union, Kerr began his career with a credit union in 1975 when he joined ISUFCU. Seven years later, he joined another Indiana credit union, the Nipper’s Federal Credit Union (now called Indiana Members Credit Union), and worked there for nine years before joining ISUFCU in 1991.

Kerr’s involvement in the credit union industry included a seat on the board of directors of the Indiana Credit Union League and as president in 2000. According to ISUFCU, Kerr started the Indiana Credit Union Foundation and was inducted into the Indiana Credit Union Hall of Fame in 2002..

According to the statement, upon retirement, “Kerr looks forward to spending time with his family, traveling more and establishing a better game of golf.”

Current executive vice president Marie Shanks will take over as the new president / CEO on October 1 and Kerr will remain as a consultant for the credit union until December 31, 2021, according to the credit union.


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