Oak Ridge, Tenn. - ORNL Federal Credit Union (FCU), East Tennessee’s largest credit union, has announced management changes within the credit union and its Credit Union Service Organization (CUSO), CU Community, LLC. As a result of the changes, Larry Jackson has been appointed President and Chief Operating Officer of CU Community, LLC, and Janita Clausell, who has served as President of the CUSO, has been named Vice President of Sales and Service for ORNL FCU.
Since joining CU Community as Business Development Director in 2009, Larry Jackson has been instrumental in building viable partnerships with ORNL Federal Credit Union’s peers to enhance available member services through multiple channel delivery. Most recently, Jackson served as Senior Vice President of CU Community, LLC and Vice President of Mortgages, ORNL FCU.
“Larry has exemplified leadership excellence in the development and implementation of short and long-term strategies for the mortgage lending line and CU Community business operations. He is a performance management champion and embraces the concepts and techniques to balance the needs of talent and business,” said Chris Johnson, CEO of ORNL FCU. “His practical approach and adaptation to evolving economic, compliance and member needs of CU Community and ORNL FCU will be essential in achieving sustainable growth and strategic objectives.”
This leadership transition is announced with appreciation for Jackson’s predecessor, Janita Clausell, who joined the CU
Community team in 2008. Throughout her tenure with the organization, Clausell has served as both Executive Vice President of CU Community, Vice President of Mortgage Lending for ORNL FCU and lastly President and Chief Operating Officer of CU Community. Clausell will now serve as Vice President of Sales and Service for ORNL FCU.
“This transition cannot be acknowledged without appreciation for Janita Clausell and her ongoing commitment to performance excellence. Throughout her career with ORNL FCU and CU Community, she has relentlessly married her diverse knowledge base of Credit Union operations with professional development endeavors. Our organization is honored to have Janita as a key component in our past victories, our current transformation and our even brighter tomorrow,” said Johnson.
Jackson joined ORNL FCU in February 2009 and has more than 15 years of experience in the financial industry. He served as Vice President of Mortgage Solutions, a CUSO in St. Louis, Mo. before joining ORNL FCU. Jackson studied accounting at Pellissippi State Community College and is a graduate of Bearden High School.
Clausell was hired as a teller at ORNL FCU in 1990 and has held many positions at the credit union. She received her associate’s and bachelor’s degrees Magna Cum Laude in Organizational Management with a concentration in Marketing.
CUSOs are wholly-owned subsidiaries of their corresponding credit union(s). CU Community, LLC, is a CUSO that brings together a suite of mortgage lending services that allows cost-effective origination of residential real estate loans available to every credit union regardless of size and experience in mortgage lending. ORNL FCU is one of many area credit unions that use the services of CU Community, LLC.
ORNL Federal Credit Union is a not-for-profit financial cooperative locally owned and operated by its members for the benefit of all who belong. Established in 1948 with 10 founding members, ORNL Federal Credit Union’s assets have grown to over $1 billion and membership has grown to over 150,000. Open to all businesses and anyone who lives, works, worships, or attends school in the 16 counties of Central East Tennessee, ORNL Federal Credit Union currently serves members in 32 branches located throughout Anderson, Blount, Campbell, Hamblen, Knox, Loudon, Monroe, Roane, Sevier and Union counties.