New President & CEO Announced

BHFCU is pleased to announce Senior Vice President Jerry Schmidt has been named the new President and Chief Executive Officer (CEO), effective January 4, 2021. The announcement follows the upcoming retirement of long-time President and CEO Roger Heacock.

“Early in 2019, the Board engaged a consulting firm to conduct a nationwide search for an ideal candidate to lead BHFCU,” said Jason Green, Board Chair. “We knew it would be critical to find the right person to replace Roger Heacock, an amazing leader who served the credit union for 42 years.”
Jerry has solid leadership experience and a steadfast commitment to the credit union, having served BHFCU for over 13 years as Senior Vice President and Chief Operations Officer. Over the years, he has demonstrated his ability to strategically manage and lead a diverse group of business divisions, including: Operations, Facilities, Risk Management, Insurance, Investments, and other ancillary business services.
Prior to BHFCU, Jerry enjoyed a lengthy career with Safeway, Inc, where he served in various leadership roles. Green noted that during the Board’s extensive search and recruitment process, Schmidt’s leadership philosophy, experience, and commitment to the credit union’s mission were crucial factors in his selection.
“I am honored to further Black Hills Federal Credit Union’s mission of Improving Lives,” said Schmidt. “I look forward to continuing to work alongside our leadership team, our visionary Board of Directors, and BHFCU’s amazing staff to provide the excellent service our members expect and deserve.”
A Rapid City native, Jerry’s extensive knowledge of the organization and region, paired with his passion for the credit union’s mission, will bring consistent and innovative leadership to BHFCU. He will continue to work closely with Heacock through year-end to ensure a smooth transition.
“Having worked with Jerry for over 13 years, I fully support the Board’s decision,” shared Roger Heacock, current President and CEO. “I am confident in Jerry’s leadership and his commitment to Black Hills Federal Credit Union, our members, and the communities we serve. I can retire with confidence, knowing that under Jerry’s guidance, our members and staff are in capable hands.”