American United Federal Credit Union Announces Retirement of Michelle Thorne,President/CEO, and Appointment of New Leadership

American United Federal Credit Union, a credit union serving various
cities throughout Utah and California, has announced the retirement of its current
President/CEO, Michelle Thorne, and the appointment of new leadership to guide the
organization forward.

After 20 years of dedicated service to American United Federal Credit Union, Michelle
Thorne has decided to retire from the position of President/CEO. Throughout Michelle’s
tenure, the Credit Union has experienced tremendous growth, expanded its services, and
provided exceptional service to its members.

The Board of Directors of American United Federal Credit Union has appointed Jacob
Bowman as the new President/CEO, effective September 1, 2023. Jacob Bowman is a
seasoned executive with nine years of experience in the financial services industry. Prior to
joining American United Federal Credit Union’s staff four ago, Jacob held a position on the
American United Board of Directors. Mr. Bowman has also held leadership positions at
Cushman & Wakefield and the Veterans Health Administration, where he developed a
reputation for strategic vision, innovation, and operational excellence.

In addition, Amy Daniels will assume the position of Executive Vice President effective
September 1, 2023. Amy brings 21 years of experience in the financial services industry,
where she has demonstrated exceptional leadership, operational expertise, and a strong
commitment to member satisfaction.

“We are excited to appoint Jacob Bowman and Amy Daniels to their new positions with the
American United team,” said Board Chairperson Lisa Jensen. “Their wealth of experience,
strategic vision, and commitment to excellence will ensure that our Credit Union continues
to grow and serve our members with the highest levels of integrity, innovation, and quality
while adhering to our mission of “We Help When Others Won’t.”

American United Federal Credit Union is a member-owned financial cooperative that
provides a wide range of financial products and services, including savings and checking
accounts, loans, credit cards, and financial education. With over 26,000 members and 12
branches throughout Utah and California, American United is committed to Helping When
Others Won’t by offering competitive rates, approving loans even if they’ve been denied
elsewhere, and partnering with their members to achieve their optimum financial wellness.

For more information about American United Federal Credit Union, visit www.amucu.org