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There’s a change in leadership at the region’s largest credit union.
David Rautiola is stepping down as President and Chief Executive Officer at the Breakwater Federal Credit Union.
Rautiola joined what was then the Michigan Tech Employees Federal Credit Union as Director of Operations in 2016. He was named President and CEO a year later.
A release from Breakwater said Rautiola will be pursuing other career opportunities, and wished him well. Rautiola thanked the staff and credit union members, and said the organization has a solid foundation, and good standing.
Breakwater’s Vice President of Lending, Paula J. Megowen, has been named interim President and CEO. Megowan joined the credit union staff in 1988 as a teller, and has held numerous positions with the organization.
No information was provided about plans to fill the position permanently.
