Longtime executive Mitchell Clark has been promoted to executive vice president and chief operating officer of Dallas-based City Credit Union, effective immediately.
Clark will oversee the organization’s daily operations and play a critical leadership role in driving strategic initiatives, member experience, and operational excellence.
“Mitchell’s deep understanding of our operations and his unwavering commitment to our members make him the ideal leader to step into the role of COO,” President and CEO Sharon Scearce said in a statement. “He brings a thoughtful, collaborative approach to leadership and has a clear vision for enhancing our member experience and operational efficiency.”
Clark joined City Credit Union in 2011 and has held several key positions, most recently serving as chief administrative officer. City CU said that with a strong track record of innovation, team leadership, and results-driven execution, Clark has been instrumental in elevating its service delivery and business performance.
As EVP/COO, Clark will lead a number of core functions, including lending, technology, marketing, and human resources, the credit union said. He also will work closely with the executive team to implement long-term strategic goals and support City CU’s mission to make a meaningful difference in the lives of its members.
“I’m honored to take on this new role and continue serving our members and community with excellence,” Clark said in a statement. “City Credit Union has a proud legacy, and I’m excited to help lead our organization into the future.”
Founded in 1942 as the City of Dallas Employees Credit Union, City CU said its field of membership now includes 13 counties in north Texas. It provides these communities with financial products and services, insurance, and free financial education.
City CU serves 35,000 members and has five branches.
Don’t miss what’s next. Subscribe to Dallas Innovates.
Track Dallas-Fort Worth’s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.
R E A D N E X T
-
On Oct. 1, City CU’s David Frith will replace President and CEO Sharon Scearce. Under her leadership, City CU grew to over $650 million in assets, expanded its field of membership, enhanced the products and services portfolio, added memberships, grew loans, and achieved numerous awards for member and employee satisfaction, the credit union said.
-
The Cedars Union, a hub for emerging and mid-career artists in North Texas, is setting its sights on the next level of growth with the appointment of Emma Vernon as executive director. The North Texas nonprofit artist incubator’s upcoming cohort, launching this month, will be its largest ever, chosen from the most competitive applicant pool since its founding in 2015.
-
Enrique Ramirez—a former longtime Pizza Hut executive—joined Buff City Soap in March 2022. The company said he’s been instrumental in leading the continued growth of the brand through his role as president and CFO while serving alongside Dorvin Lively and the board of directors.
-
Not-for-profit EECU, the second-largest credit union in North Texas, has doubled in asset size since 2017, when it crossed the $2 billion-in-assets threshold.
-
Plano-based Alkami surveyed banking executives to launch a tool to drive digital transformation. Earlier this month, it partnered with NASA Federal Credit Union to modernize its digital banking services with push provisioning.