Key, who currently serves as executive vice president and chief financial officer, represents the sixth leader in the credit union’s 88-year history. Her tenure at the firm mirrors Shaffer’s in duration, providing a sense of continuity as the institution moves past a milestone year defined by the acquisitions of Meadows Bank and Greater Nevada Credit Union. With nearly 1.7 million members and $27 billion in assets, the organization now operates across six states.
Missy Key Named Successor to America First CEO Thayne Shaffer
After 38 years with America First Credit Union, Thayne Shaffer will step down as President and CEO on March 1, 2027. The board of directors has tapped longtime executive Missy Key to lead the organization, marking a transition for one of the nation’s largest credit unions as it navigates a period of rapid expansion.
Shaffer assumed the top role in 2021, guiding the credit union through the economic volatility of the pandemic and a series of strategic mergers. Board Chair Linda Carver credited him with fostering a culture of transparency and member-focused service. Key, having worked closely with Shaffer in finance and accounting roles, plans to maintain that trajectory while overseeing the credit union's evolving digital infrastructure and regional growth.
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