Stephens Joins Alliance Credit Union

Former Health Care Family Credit Union President Tim Stephens has joined Alliance Credit Union as Executive Vice President, reporting to President/CEO Dennis Sommer.  Earlier this year, Mr. Sommer announced his intention to retire in 2013 after 28 years of leading Alliance; plans call for Mr. Stephens to take the helm at that time. Mr. Stephens entered the St. Louis credit union scene when he joined First Missouri Credit Union in 1991, eventually rising to the position of VP-Operations.  He left First Missouri for Health Care Family in 1998, and took that operation from $15 million in assets to $51 million during his tenure there.