Summers appointed as Credit Union Trust CEO
MARQUETTE — After leading the launch of Credit Union Trust over the past two years, Robert Sajdak has chosen to retire from his CEO and president position. Jordan Summers has been appointed to replace Sajdak as the trust bank’s new CEO and president.
Summers most recently served as chief fiduciary officer and market president-Midland for TCF National Bank, formerly Chemical Bank.
“I’m excited about the foundation that Bob and the team have built and look forward to contributing to Credit Union Trust’s exponential growth in the coming years,” Summers said in a news release. “We are uniquely positioned to assist individuals and families by delivering a full suite of trust solutions. With the team’s expertise, our credit union partnerships, and relationships with legal, accounting, and other practitioners across our footprint, we have the perfect opportunity to help people improve their lives and increase their peace of mind.”
“It was an honor to lead this effort for the past two years,” Sajdak said in the release. “I look forward to working with Jordan in the transition and continuing to support the success of Credit Union Trust.”
Honor Credit Union is one of the founders/owners of Credit Union Trust and Ron Lauren serves as board chair of Credit Union Trust.
“Bob did a terrific job of getting this unique organization up and running, and we appreciate that he came out of retirement to guide the way,” Lauren said in the release. “Jordan’s enthusiasm and expertise will broaden the impact even further.”
Summers is actively involved in both estate planning and community organizations. A licensed attorney, he currently serves on the board of the Northeastern Michigan Estate Planning Council, the Midland Business Alliance, the Midland County Educational Services Agency, and the Chippewa Nature Center. Summers received his BBA from Northwood University, MBA from the DeVos Graduate School at Northwood University and JD from Wayne State University.
Credit Union Trust is a limited purpose trust bank established in 2019 by seven Michigan credit unions to provide “reasonable, reliable, and accessible trust and fiduciary services to a broader range of people–helping them protect assets, build desired legacies, and enjoy peace of mind,” officials said in the news release.