Royal Credit Union promoted Brandon Riechers to president and chief executive of Royal Credit Union, effective July 31, the company announced on Tuesday.
The decision was unanimously approved by the Royal Credit Union board of directors. Randy Beck has been serving as interim president and CEO since April 15, following the departure of Rudy Pereira, according to a company press release. Riechers will be the fourth CEO to lead the credit union since it was created in 1964.