Chief Financial Officer

Chief Financial Officer (CFO) – First Alliance Credit Union

Locations: Rochester, MN | Stewartville, MN | Byron, MN | Lake City, MN
Serving: Blue Earth, Dodge, Fillmore, Freeborn, Goodhue, Le Sueur, Mower, Nicollet, Olmsted, Rice, Steele, Wabasha, Waseca, and Winona counties

About Us: First Alliance Credit Union is a member-owned financial cooperative with a rich history of supporting the financial well-being of individuals and businesses throughout Southeast Minnesota. With deep roots in the communities of Rochester, Stewartville, Byron, and Lake City, we serve 14 counties and strive to help our members achieve their financial goals with trust, integrity, and personalized service.

We’re seeking a visionary and strategic Chief Financial Officer (CFO) to lead the financial operations of our growing organization. As CFO, you will play a key role in shaping our financial future, ensuring sustainability, and driving growth. This is an opportunity to make a significant impact while living and working in one of the most vibrant and thriving regions in Minnesota.

About Our Communities: Our headquarters in Stewartville, MN, just a short drive from Rochester, provides a charming, small-town feel with a close-knit community. Our offices in Byron and Lake City also reflect the values of the region – welcoming, supportive, and committed to community service. 

With offices also close by in Rochester, MN, we are at the heart of a rapidly growing city, known for its world-renowned Mayo Clinic, strong healthcare industry, and robust local economy. Rochester offers an excellent quality of life, with top-tier schools, a thriving arts and cultural scene, and beautiful parks and outdoor spaces.

Our membership spans 14 counties across Southeast Minnesota, including Blue Earth, Dodge, Fillmore, Freeborn, Goodhue, Le Sueur, Mower, Nicollet, Olmsted, Rice, Steele, Wabasha, Waseca, and Winona counties. We are proud to serve such a diverse and growing population, committed to meeting the financial needs of our communities.

Position Overview: As the CFO, you will be responsible for the financial health of First Alliance Credit Union. Your leadership will guide our financial strategy, investments, risk management, and compliance efforts. Reporting directly to the CEO, you will collaborate closely with senior leadership, the Board of Directors, and our dedicated team to ensure sound financial decision-making.

Key Responsibilities:

• Oversee the development and execution of the financial strategy, ensuring alignment with the credit union’s mission and goals.
• Lead financial planning, budgeting, forecasting, and reporting processes.
• Manage investments and asset-liability to optimize profitability and mitigate risk.
• Ensure compliance with financial regulations and maintain strong relationships with auditors, regulators, and other financial partners.
• Provide financial analysis, insights, and recommendations to the executive team and Board of Directors.
• Lead, mentor, and develop the finance team to promote a culture of excellence and continuous improvement.
• Evaluate new opportunities for growth to drive long-term success.

Qualifications:

• Bachelor’s degree in finance, accounting, or related field (Master’s degree or CPA preferred).
• Minimum of 5-10 years of progressive financial leadership experience, preferably in the credit union or banking industry.
• Strong knowledge of financial regulations and reporting requirements.
• Proven track record of driving financial performance and managing risk.
• Excellent leadership, communication, and interpersonal skills.
• A strategic mindset with the ability to balance long-term planning with day-to-day financial operations.

Why Join Us?

• Be part of a growing, community-focused credit union with a strong commitment to its members and staff.
• Work in a supportive environment that values innovation, collaboration, and personal development.
• Competitive salary and benefits package, including health insurance, retirement plans, and paid time off.