On trailblazers Dwayne Ashcraft, Becky Brosius, Karyn Davis, and Dee Edie
Welcome to our fifth installment of Leave a Legacy, the initiative that shines a spotlight on some of our movement’s most successful leaders. This month, Cornerstone is pleased to feature executives at the helm of credit unions in Arkansas, the state known for its lakes, rivers, and hot springs, and the only active diamond mine in the United States.
All of these leaders—Dwayne Ashcraft, Becky Brosius, Karyn Davis, and Dee Edie—have made a unique impact on the credit union movement in Arkansas and are leaving an outstanding legacy. When you read their profile highlights, think about what you can learn from their experiences.
Dwayne Ashcraft is president and CEO of Arkansas Superior Federal Credit Union in Warren, Ark., where he’s been employed since February 1973. Now, after five decades of serving the credit union movement, Ashcraft has announced his upcoming retirement.
Just this last September, he told Cornerstone League, “I have seen a lot of change and been involved in many efforts to preserve the credit union movement and its tax exemption. Throughout these 49 years, I have made a lot of friends in the credit union movement. My success was the result of their help and encouragement.”
Ashcraft has left half a century’s legacy that bodes well for the future of his credit union members. Under his leadership, Arkansas Superior FCU grew from $330,000 in assets with 500 members to $76 million in assets and more than 10,500 members. He was so successful, he was inducted into the Arkansas Credit Union Hall of Fame in 2013. He also served on the Arkansas Credit Union League board of directors for about 18 years and as its chairman for another 10 years. Notably, he was involved in the creation of the new Cornerstone League, whose inaugural board Ashcraft served on for two years.
What you might not know: Ashcraft is pastor of Chapel Hill Missionary Baptist Church of New Edinburg, Ark., and justice of the peace for Cleveland County Arkansas. Sounds like Dwayne Ashcraft is going to do for people in retirement what he has always done in business.
Becky Brosius, CEO of Combined Federal Credit Union, joined the movement in 1975 when she went to work for Teletype Federal Credit Union in Little Rock.
“Except for a few part-time jobs before that, I have spent my whole career in credit unions,” Brosius said. “Serving our members and improving their financial lives have been a life’s work. Those of us who have had this privilege stand on the shoulders of those who have gone before us.”
Like most credit union executives in the movement, gratitude and humility are part and parcel of who they are as leaders.
“I have many friends and mentors to thank,” Brosius said. “In turn, I hope I have helped in some small way to guide the careers of those I have worked with along the way.”
Karyn Davis has been the CEO of UP Federal Credit Union since January 2020. She has 21 years of service with the credit union and more than 25 years in financial services.
Davis is currently the president of the Central Arkansas Chapter of Credit Unions and has held that position since 2014. She is also active in advocacy efforts for credit unions, serves on the Arkansas GAC Subcommittee, and is an ARCUPAC trustee.
Karyn graduated from Southwest CUNA Management School in 2011 and served as class president. She holds CCUFC and CUCE designations. In the past, Davis has served on several committees throughout the Cornerstone region and credit union industry. She firmly believes in the credit union mission of “people helping people” and strives to serve her members, her staff, and her peers with that mission in mind.
After retiring from Diamond Lakes Federal Credit Union in Malvern, Ark., in 2014, Dee Edie found herself missing her credit union employees and members and the impact she could have on their lives. So, she went back to work.
Since 2015, Edie has served as CEO of Pine Bluff Cotton Belt Federal Credit Union.
“My heart says, it’s all about the members and making their lives better,” Edie said. “Providing the means to purchase a vehicle or home is so rewarding and seeing the joy for the member is fulfilling.”
“Teaching our employees how to better serve the member and ensuring financial health for members and employees is gratifying,” Edie adds.
Get more advice from these trailblazers to leaders and up-and-comers in the credit union movement by checking out our Cornerstone League social media posts. #CULeaveALegacy
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