Goldenwest CU Taps EVP David Butterfield As Next President/CEO / Fresh Today / CUToday.info

OGDEN, Utah—The $3.9-billionGoldenwest Credit Union has appointed current Goldenwest EVP David G. Butterfield to serve as the next President and CEO, effective July 1, 2026.

The appointment comes following the retirement announcement earlier this year of current President and CEO, Kerry Wahlen.

“We are confident that David is well prepared to lead the Credit Union and advance Goldenwest’s strategic goals for years to come,” said Dan Musgrave, Goldenwest board chairman. “As a board, we are excited to welcome him into his new role as President and CEO. Over the next several months, Goldenwest will transition the president and CEO responsibilities from Kerry Wahlen to David Butterfield. We fully anticipate a seamless changeover when David assumes the role in July.”

Wahlen’s retirement comes after nearly four decades of contributions to Goldenwest Credit Union. Wahlen earlier this year announced his intended retirement for June 30, 2026.

“We are most grateful to Kerry for his professional and personal dedication to Goldenwest,” said Musgrave. “All those who associate with Kerry know that Goldenwest is part of his DNA. His leadership has made Goldenwest one of the best managed and most successful credit unions in the nation.”

Wahlen began his tenure as president and CEO in January 2012. Under his leadership, assets have expanded from $775 million to nearly $4 billion, membership has grown from 83,000 to more than 206,000, and the branch network increased from 18 offices to more than 55 locations across Utah and Idaho.

“It has been my greatest honor and privilege to be associated with Goldenwest members, volunteers, and employees during the last 40 years,” said Wahlen. “I am positive that Goldenwest will continue to experience tremendous success under the capable leadership of David Butterfield.”

Butterfield brings 21 years of credit union leadership experience to the CEO role. Prior to the merger with Goldenwest, he served as president/CEO of USU Credit Union. Since joining Goldenwest’s Executive Leadership Team in 2013, he has led key operational areas including the USU Credit Union division, consumer and real estate lending, branching, business services, financial wellness, and asset recovery.