Financial veteran to lead Centra Credit Union

July 30, 2016

Columbus-based Centra Credit Union, one of the largest Indiana-based credit unions, announced in late June that it named Rick Silvers as CEO.

Silvers Silvers

Silvers most recently served as chief retail officer at Teachers Credit Union, the state’s largest by assets and members. He spent two years at Teachers and previously did stints at Fifth Third Bank and Huntington Bank.

Silvers succeeds Doug Harris, who spent the last two years of his 14-year tenure at Centra as CEO. Harris took a job with Land of Lincoln Credit Union in Decatur, Illinois, in the summer of 2015.

Silvers earned his MBA from the University of Indianapolis in 2005 and a bachelor’s degree from Wright State University in 1990.

Centra has 300 employees and 23 branches, including a branch each in Indianapolis, Carmel and Shelbyville.

Centra is the third-largest Indiana-based credit union by members, with 135,407, according to the National Credit Union Administration. It had $1.3 billion in assets at the end of the second quarter.

South Bend-based Teachers Credit Union is the state’s largest, with 281,136 members and $2.9 billion in assets, followed by Evansville-based Evansville Teachers Federal Credit Union, with 139,260 members and $1.3 billion in assets.•


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