British Columbia-based Beem Credit Union has appointed Sue Britton as chief innovation officer as it prepares to launch on January 1, 2024.
Beem Credit Union will become the second-largest provincially-regulated credit union in BC, with approximately $10 billion in total assets under administration, when it launches next year following the merger of Gulf & Fraser and Interior Savings.
“Sue’s incredible background in executing on fintech innovation makes her an invaluable addition in helping deliver on our brand promise,” said Brian Harris, soon-to-be chief executive officer of Beem and current chief executive officer of Interior Savings.
“Sue lives and breathes innovation, bringing a wealth of knowledge in the Open Banking, payments modernization, and banking products space. Having her expertise and experience as part of the executive team at Beem is a win for the entire organization,” he added.
Britton is the chief executive officer and founder of Firefly Growth, which specialises in fintech innovation in North America.
“I’m so excited to begin the journey with Beem from day one, and to work alongside a remarkable team, at such a critical time of change and digital transformation in the financial services industry,” she said.
“Banking is radically transforming, and we need to step up to meet the challenges, be bold, and leverage technology and data to embed ourselves deeper into the lives of our members.”
The new credit union will offer personal and commercial banking and a full range of insurance and wealth management services from 53 branches.
Interior Savings and Gulf & Fraser were given the go-ahead to merge in November this year, following a vote by the members of the two organisations.
Interior Savings members voted 87.8% in favour, while Gulf & Fraser members voted 80.7% in favour.