Section 705 FCU Ushers in New CEO

Published: Mar 4, 2020

It is with a grateful heart that Section 705 FCU announces the retirement of Anna Trahan Suire, President/CEO, as of April 30, 2020. Anna has been the CEO at Section 705 FCU for 30 years and a part of the credit union movement for 42. She began as a teller at Acadian FCU and moved up the ranks to the CEO position. After 12 years at Acadian FCU, she took the position as CEO at Section 705 FCU.

When she began with Section 705 FCU, they had $5.5 million in assets and has since grown to a $33 million dollar in assets under her guidance. She graduated top of her class in CUNA Management School and was first in Lafayette to acquire the Certified Credit Union Executive designation. She has served as an Acadian FCU Board of Director, Lafayette Chapter volunteer, is a leading force in advocacy with CULAC, and League Board of Director. She has instilled in her team the knowledge and confidence to continue to think outside of the box and give their best to their members.

Anna will be passing the torch to Melanie Riedl. Melanie has been in the credit union industry for the past 12 years at UL FCU and within the financial industry for the past 18 years. During that time, she has acquired many skills that are sure to bring the credit union to the next level. She began as the Marketing Manager and since then has become the Compliance Officer, Building Committee Chair, Grant Committee Chair, a member of the Asset Liability Management Committee while settling into her role as the Vice President of Development and Strategic Initiatives and part of the Executive Management Team.  Melanie is a 2016 graduate from the Southeast Regional Credit Union School of Management earning honors for both her individual project and group project.

Before joining the credit union, Melanie served in the Louisiana National Guard and is an Alumni of University of Louisiana at Lafayette. Melanie has served as President, Vice President and Secretary for the Lafayette Chapter and as a member of various committees for the CUNA Marketing and Business Development Council.  She is a Certified Credit Union Compliance Expert and a Credit Union Enterprise Risk Management Expert as well as a Certified Credit Union Financial Counselor. She serves as a founding member of the Louisiana Credit Union Compliance Peer Panel. Melanie was named one of CUNA's 2018 Credit Union Rock Stars and CUNA's 2019 Compliance Champion.