Lindsey Myhre, who started her STCU career in 2000, has been named President and CEO of the 300,000-member credit union, the STCU Board of Directors announced Wednesday.
[july 9, 2025]
The board’s decision was unanimous and enthusiastic, said Board Chair Steven Jones.
“We couldn’t be happier that Lindsey has accepted this position,” Jones said. “While we have a deep bench of leadership talent, Lindsey stands out as uniquely prepared for the top position.”
“I’m deeply honored to step into this role at an organization I treasure,” Myhre said. “From the day I started as an Accounting Assistant, I knew that STCU was committed to my development into leadership – a commitment that continues today for all STCU employees who choose that path.”
Because of Myhre’s deep history with the organization, the board anticipates a seamless CEO transition, Jones said. “STCU’s core values, and its commitment to members, communities and employees won’t change because Lindsey was integral to shaping those values and commitments,” he said.
Myhre, who this month is celebrating her 25th anniversary at STCU, grew up in Colville, Wash., and later worked for the Colville National Forest. She earned a bachelor’s degree in business administration – finance from Western Washington University and an MBA through Western Governors University.
At STCU, she was promoted into manager and director positions before joining the executive leadership team in 2015. Her most recent title was Chief Financial Officer and Executive Vice President, which also included the role of chief human resources officer. Those broad areas of responsibility have made Myhre a key player in all major financial and cultural decisions, including guiding considerable efforts to maintain STCU’s strong internal culture with a dispersed workforce.
In 2023, American Banker named Myhre one of the 15 most powerful women in credit unions.
The board named Myhre Interim CEO and Chief Financial Officer when it started the process of selecting a new CEO on May 10. With Monday’s announcement, she becomes the sixth president of the credit union that got its start in 1934, and the first woman to hold the position.
In addition to her leadership at STCU, Myhre is well regarded for community leadership.
Since 2016, she has served on the board for Partners INW, where she currently is board president. This year, the organization will provide more than $8 million in food and critical services to vulnerable households in Eastern Washington and North Idaho. “I don’t believe we would be serving hundreds of thousands of people without her presence this past decade,” said Calvin Coblentz, CEO of the Spokane Valley-based nonprofit.
Myhre is the Past Chair and Past Treasurer of Spokane’s University District Development Association, as well as for the University District Public Development Authority, where she continues to serve. In those roles, Spokane County Commissioner Mary Kuney has noted Myhre’s “ability to connect across sectors – public, private and nonprofit… especially in moments that demand both fiscal responsibility and civic imagination.”
The mother of a current East Valley High School student and a recent graduate, Myhre is president and “an ever-present member” of the East Valley Booster Club, says Superintendent Brian Talbott. “She can be readily found working in the concession stands, recruiting members, and planning for and supporting the student experience.”
Jones noted that STCU’s board heard from employees in support of Myhre as a logical choice for the position. Among them was Chief Risk Officer Brian Scott, a 20-year STCU employee.
“Lindsey has fostered an environment where every employee feels valued and empowered,” Scott said. “Her commitment to career development at all levels has created a pathway for continuous growth and learning within the credit union.”
Myhre’s ascension to CEO comes in a year of remarkable growth for the credit union. In May, it completed integration with Community Bank, which brought 14,000 new members and 10 new branches. That includes seven branches in Eastern Oregon – the credit union’s first outside Eastern Washington and North Idaho.
In September, STCU will open its 50th branch location – up from six when Myhre started her career.
“It’s been a thrill to watch this organization grow and earn a reputation for stellar service to members and communities,” Myhre said. “We’re just getting started!”
About STCU.
Founded in 1934, STCU offers a full slate of financial services for consumers and businesses. STCU employees enjoy generous benefits, along with abundant opportunities to develop leadership skills that will serve their careers, as well as their communities. More than 150 community organizations have an STCU employee in a position of leadership.