Amy Sink has been named chief executive officer of Interra Credit Union, according to David Myers, chairman of the board.
“After careful deliberation and a comprehensive search, we believe Amy’s impressive experience, leadership abilities and vision will help advance the credit union’s strategic goals and direction,” he said. She will begin work Nov. 4.
Sink was most recently senior vice president and chief financial officer at Teachers Credit Union, South Bend. In her capacity there, she directed the finance, accounting, treasury, information systems, electronic funds transfer and human resources departments, according to informatoin from Interra. She also chairs the board at Alloya Corporate Credit Union.
“I am honored and excited to join the Interra Credit Union family and I want to thank the Interra board of directors for this wonderful opportunity,” Sink said. “I look forward to working with the board, management and staff to build upon a strong culture of member service and financial soundness. I am equally excited to meet the members and understand their needs and how we can serve them into the future,” she added.
Sink received a bachelor’s degree in finance from Indiana University-Bloomington and her master’s degree from the University of Notre Dame. In addition, she has completed a variety of professional development programs, including the Advanced Leadership Institute at the Harvard Executive MBA School.
Sink has also served in leadership roles for many community and service organizations. She lives in South Bend with her husband, Rob, and two children.
Interra has more than 52,000 members and 11 offices in north central Indiana. A new office in Shipshewana is under construction.
Sink will replace long-time CEO Jack Sheets, who was terminated last spring. Sheets is suing Myers’ company, Myers Trust, also known as A Progressive Realty, saying Myers acted inappropriately in offering property for sale to the credit union board and did not disclose he would make a profit on the sale. The board purchased one of Myers’ listed properties for a new office and rejected others for more offices, according to the lawsuit. In counter court filings, Myers has denied the accuracy of the accusations and also said his businesses have no legal ties to actions taken by him as an Interra board member.