Recent Press Releases from Honor Credit Union – April 2023
Honor Announces Marshall Williams as VP of Finance
Submitted by Kayla Smith, HCU Brand Coordinator
Berrien Springs, MI ~ April 13, 2023
Honor Credit Union proudly welcomes Marshall Williams as the Vice President of Finance. In this position, he will oversee and support the accounting, finance, and business intelligence teams and the financial mission of the credit union and its members.
Marshall has a deep financial background and graduated with a Bachelor of Arts in Finance from Michigan State University. In his most recent position, he served as Vice President of the Funds Management Division and Chief Investment Officer for 1st Source Bank in South Bend, Indiana.
His financial experience includes managing balance sheet strategy, earnings risk, liquidity positioning and treasury operations, as well as providing strategic oversight of commercial and retail lending, credit, retail deposits, and wholesale operations for a diverse, nationwide multibillion-dollar portfolio.
As VP of Finance, Marshall will continue to find solutions that promote the betterment of Honor’s members. He stated, “I look forward to contributing to a successful team that prides itself on being firmly rooted in the communities it serves. I strongly believe in Honor’s core tenets of fairness, integrity, respect, and truth.”
Originally from Lansing, Michigan, Marshall resides in White Pigeon, Michigan, where he has lived for over 20 years with his wife and two children. Outside of work, Marshall enjoys spending time with his family and supporting his kids’ school-related sports and extracurricular activities.
Honor Credit Union Announces Promotion of Andrew Cleminshaw to Regional Manager
Submitted by Kayla Smith, HCU Brand Coordinator
Berrien Springs, MI ~ April 10, 2023
Honor Credit Union is excited to announce the promotion of Andrew Cleminshaw to Regional Manager for its Southwest Michigan Region. Honor’s Southwest Region includes the Berrien Springs, Buchanan, Decatur, Dowagiac, Niles, and Paw Paw member center communities.
Andrew began his career with Honor in the Member Solutions Center in 2014. He has since held the positions of Assistant Manager in Stevensville, Member Center Manager in Benton Harbor, and, most recently, Member Center Manager in Berrien Springs.
“I’m thrilled for this next chapter in my time at Honor. I truly believe Honor offers something special and unique in the way we interact with and support our members and communities. As an (almost) lifelong resident of SW Michigan, I look forward to getting to know our communities and the individuals that make them special at a deeper level,” stated Cleminshaw.
As Regional Manager, Andrew will heavily support and lead the Member Center Managers and Community Development Officers in his region. He will work closely with the Business Services, Lending, Marketing, and Operations Departments to continue to drive an exceptional member experience while strengthening the credit union’s mission to serve its members where and how they want to be met.
Andrew resides in St. Joe with his wife Ashley, daughters Lucy and Alice, and their dogs Domino and Lily. Outside of work, he enjoys traveling, spending time with family, home improvement projects, watching anything Marvel or DC related and is passionate about his time spent volunteering for Clusterbusters, Inc., a non-profit organization whose mission is to expand awareness, research, and treatment for those who suffer from cluster headaches.
Honor Credit Union’s Board Vice Chair, Mimi Elwell, Named Board Member of the Year by MCUL
Submitted by Macy O’Dell, HCU Brand Coordinator
Berrien Springs, MI ~ April 3, 2023
Honor Credit Union’s Board Vice Chair, Mimi Elwell, has been named Board Member of the Year by Michigan Credit Union League (MCUL). This award celebrates a board member who has demonstrated outstanding service to their credit union over the last 12 months.
The 2023 MCUL and Michigan Credit Union Foundation (MCUF) Awards recognize credit unions, professionals, and volunteers for outstanding efforts in individual and organizational leadership, operational effectiveness, community service, and financial education. New this year is the introduction of two award categories: Board Member of the Year and Team Member of the Year.
“The addition of two new categories also allows us to expand our recognition to professionals and volunteers who don’t always get the spotlight but are nonetheless doing work that is integral to the credit union mission. Thanks to all who submitted nominations this year. I can’t wait to celebrate all our 2023 winners at this year’s Annual Convention & Exposition,” said MCUL CEO Patty Corkery.
“There’s truly no one more deserving of this award than Mimi,” stated Scott McFarland, Honor’s CEO. “Mimi is known for her kindness, dedication to excellence, and commitment to the members and team at Honor. Mimi always goes the extra mile to make everyone feel valued. Honor is truly blessed to have her as a volunteer in many capacities, including Board Chairperson and current Vice-Chair, just to name a few.”
Mimi began her service to Honor Credit Union in 1980 as Supervisory Committee Chair before being elected to the Board of Directors in 2009. She epitomizes the credit union’s philosophy of Putting People First, ensuring Honor’s members are at the heart of every decision. Mimi oversaw Honor’s board as chair during periods of significant growth and expansion into new markets, including an asset growth of 102%, a net income growth of 281%, and a membership growth of 55%.
Mimi has a bachelor’s degree from Nazareth College and a master’s degree from Western Michigan University. She was a professor of mathematics at Lake Michigan College for over 30 years until her retirement in 2010. In 2011 the Lake Michigan College Board of Trustees awarded her the status of Professor Emeritus.
About Honor Credit Union: Honor Credit Union is a non-profit, full-service financial institution serving over 100,000 members in 27 member center communities throughout western and northern Michigan. Providing solutions for financial success and giving back to the communities we serve remain the driving forces behind Honor Credit Union.
For more information, call 800.442.2800, or visit www.honorcu.com.