Westerra names Champion as new president, CEO

DENVER — Jay Champion, who previously served as chief operations officer for Boulder-based Elevations Credit Union, has been named president and CEO of Westerra Credit Union, based in Denver. He will assume his new role, Dec. 1, succeeding the retiring John McCoy.

Champion oversaw lending operations at Elevations — including commercial, consumer and

mortgage lending programs — and directing retail delivery channels, including all branches and the contact center. He was also responsible for governmental affairs and marketing, focusing on building relationships and brand awareness for the credit union with current and prospective members.

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“After conducting an extensive national search and evaluating many excellent candidates, the Board of Directors is excited to have Jay Champion take the lead in carrying on Westerra’s rich tradition of serving members. We are thrilled to bring an individual of Jay’s caliber on board and look forward to a long and successful relationship with Jay as our leader,” Andy Raicevich, Westerra board chairman, said in a prepared statement.

“Jay is a seasoned credit union executive who has operated in the Denver metro area for several years,” Raicevich said. “He is an energetic and passionate leader, and Westerra is excited to have him in this leadership role.”

Champion brings more than 30 years of lending and financial-services experience to the role.

“I would like to thank the Westerra Board of Directors for selecting me as the next President/CEO,” Champion said. “It is truly an honor and a privilege to work with the Westerra Board and staff in serving our members. Westerra has deep roots in our community and a rich tradition of service in the Denver metro area. I look forward to building upon the success of those who came before me as we move forward working together on behalf of Westerra members, staff and our community.”

McCloy has served the financial services industry in leadership roles for more than  40 years.

Westerra holds more than $1.5 billion in assets and serves 124,000 members through its branch locations across the Denver area.