WEST LAFAYETTE, IN (October 10, 2024) — Purdue Federal Credit Union has announced significant changes to its organizational structure at the chief level to align with industry peers and institutions of a similar size. The restructuring includes the promotion of Sam Burns to Senior Vice President and Chief Lending Officer, alongside title changes for other senior executives. “We are fortunate to have strong lending talent within the organization and we’re thrilled to promote Sam into this new role,” said Purdue Federal CEO Bob Falk. Burns’ expertise and vision are expected to drive innovation and growth within the lending division.
As a whole, these changes reflect Purdue Federal’s strategic approach to improving operational alignment and enhancing service delivery. Burns’ promotion to Chief Lending Officer underscores the credit union’s commitment to leveraging internal talent to strengthen its lending capabilities. Falk expressed his confidence in the changes, stating, “With these changes, we now have an organizational structure that better aligns with our peers and other institutions of a similar size.”
The title adjustments for other senior executives include Jackie Hofman as Senior Vice President and Chief Administrative Officer, Matt Lerzak as Senior Vice President and Chief Experience Officer/CIO, Evelyn Royer as Senior Vice President and Chief Operations Officer, and Brian Musser as Senior Vice President and Chief Financial Officer. These moves are designed to streamline operations and continue fostering a cohesive leadership team.
The restructuring aims not only to optimize the organization’s functionality, but also to prepare Purdue Federal for future challenges and opportunities. Falk reiterated this vision in a message to credit union employees, emphasizing that these changes set up the credit union well for the future.
Purdue Federal Credit Union (Purdue Federal) was founded on Purdue University’s West Lafayette campus in 1969. Purdue Federal’s membership base includes students, faculty and staff, and communities where Purdue University and its regional campuses operate. The credit union is a member-owned financial cooperative with more than 100,000 members nationwide and assets of approximately $1.9 billion.
John Metzinger
Marketing Specialist
jmetzinger@purduefed.com
765.497.8883
Carrie North
AVP Marketing
765.497.7400
cnorth@purduefed.com
