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Rocky Mountain Credit Union Names Cyrus Malkin as New President and CEO

Rocky Mountain Credit Union (RMCU) is pleased to announce the appointment of Cyrus Malkin as its new President and Chief Executive Officer, effective immediately. Malkin brings over 20 years of leadership experience in the credit union and financial services industry, and his vision for the future of RMCU aligns with the credit union’s commitment to providing exceptional financial services to its members and fostering community growth.

Photo of RMCU's new president and CEO Cyrus Malkin

“Cyrus has spent almost 17 years with our Credit Union. He knows the organization's history, culture, and community. The Board is confident in our choice of Cyrus, and we look forward to continued success in serving the community,” said Kristen Bouchard, Chair of the Board of Directors at RMCU.

Malkin began employment with Rocky Mountain in 2008. He has held various leadership roles throughout his tenure, including Vice President of Risk Management and Controller. Malkin was named Chief Financial Officer of the organization in 2021. He has been an integral part of Rocky Mountain’s success by increasing the investment portfolio's revenue and strengthening the organization’s liquidity. Malkin also serves on the Asset Liability Committee of Millennium Corporate Credit Union. He holds a Bachelor of Science in Business Administration and Accounting from Montana State University- Billings.

“This has been my long-term goal since I started with Rocky Mountain, and I am honored to have been named CEO of the Credit Union. I am confident that with our dedicated Board of Directors and talented staff, the Credit Union will continue to see success and provide our members with the products and services they need,” said Malkin.

Malkin’s leadership will focus on strategic initiatives to expand RMCU’s services, enhance digital capabilities, and foster partnerships that support the financial well-being of the credit union’s members. His appointment also signals RMCU’s commitment to remaining at the forefront of the industry, adapting to the evolving needs of its members, and continuing to contribute to Montana's economic growth and vitality.

More About Cyrus

A self-proclaimed Harry Potter and Lord of the Rings enthusiast, Cy brings much more to the table than just his financial expertise – he's also a proud Canadian, a musician, and even tends to his own bee colonies in his spare time.

"I love being a credit union professional," Cy shares with genuine enthusiasm. "I feel like I can combine my proficiencies with my passions. Serving and loving people is core to my personal values, so to be able to partner that with financial acumen and experience is incredibly gratifying." This philosophy has guided his 15-year journey in the credit union movement, where he's consistently demonstrated his commitment to member service and financial stewardship.

When he's not working to make RMCU "simply the best place to bank and the best place to work in Montana," you might find Cy exploring the state's scenic byways, from the canyons leading to Cascade to the endless fields east of Fort Benton. A passionate musician who once saved up to buy his dream Taylor guitar, Cy believes in the power of smart financial planning and encourages others to start saving early. His diverse interests and genuine approach to leadership promise to bring a fresh perspective to RMCU's future, making him an exciting choice to lead the organization into its next chapter.

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