Northern Savings looks for new leadership at top position

Northern Savings, the Financial services organization that serves the North Coast, Northwest and Haida Gwaii has put out the Help Wanted sign once again.

With Prince Rupert based credit union now actively on the hunt for a new CEO and President to lead the organization into the future.

A September 6th message from the Board of Directors to the Northern Savings membership announced the departure of current CEO and President Fay Booker for personal reasons effective immediately.

Ms. Booker takes her leave of the organization after having served in a number of capacities with Northern Savings since 2013.

The now former CEO took on her most recent duties, after the Credit Union and then CEO and President Geoff Grodecki parted ways in 2017. 

Fay has worked with Northern Savings on numerous business projects since 2013. During her tenure, Fay assisted Northern Savings in making substantial business decisions including a divestment of a technology business and a mortgage broker business, both of which were focused in Southern BC – this allowed Northern Savings to return to a focus on our communities in the North. 

As a result of these contributions, Northern Savings remains one of BC's strongest credit unions having superior liquidity and capital. 

The Board wishes Fay the best in her future endeavours and thanks Fay for her commitment and efforts to the Credit Union over the past five years.

Taking over the day to day operations on an interim basis will be Bill Snell, who has been with Northern Savings for the last year, mostly in the finance and credit areas. Northern Savings outlined that he has had past experience in senior roles over the course of his twenty years in the credit union system.

In their announcement of yesterday, Northern Savings notes that they will now be turning their attention towards the search for a permanent CEO.

There has been a fair bit of turn over in the upper levels of the Credit Union in recent years, earlier this year, the VP of finance Bill Nicholls left the credit union after thirty years.

Some of the other upper tier moves can be reviewed below:


February 2018 -- Northern Savings makes front office move in Business services office

January 2017 -- Northern Savings Credit Union parts ways with CEO Geoff Grodecki
April 2016 -- Northern Savings names Geoff Grodecki as new CEO
November 2015 -- Northern Savings seeks CEO through executive search company
October 2015 -- Strategic Review leads to job losses at Northern Savings Credit Union
August 2015-- Northern Savings turns to Barry Delaney to lead financial institution on interim basis
March 2015 -- Northern Savings enters period of transition, revisits strategic direction and seeks new CEO

For more items of interest about Northern Savings and other commercial ventures in the community see our Commercial sector archive page here.

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