General Electric Credit Union (GECU)’s Board of Directors is composed of nine volunteer members elected by fellow members of GECU. Our Board sets the direction of the credit union and assists with setting policies, approving budgets, and helping to direct strategic planning. They work hard to keep our member's and the community’s best interests at heart.
Mary Cay Vessells
Mary Cay Vessells worked at GE Aviation for 19 years and Ford Motor Company for 11 years in various financial leadership positions. She is currently enjoying retirement while volunteering her time preparing income taxes for seniors, the unemployed, and low-income families. She holds a B.S. in Accounting, an MBA, and is a certified public accountant (CPA). Ms. Vessells has extensive credit union and volunteer leadership experience. While living in Michigan, she served on the Christ the Good Shepherd Credit Union Board of Directors and Supervisory Committee. She served many years as the Treasurer for the GE Elfun/Volunteers Cincinnati Chapter, as well as on the board for the Cincinnati Computer Cooperative, a non-profit organization.
Mary Cay Vessells has been a member of the Board of Directors since 1997. She has also served on the Supervisory Committee, Annual Meeting Committee, Nominating Committee, and the Board of Trustees.
1st Vice Chair
Michael Johnson is a Consulting Engineer for General Electric Aircraft Engines and has worked in Test Systems Engineering for over 30 years supporting development engine and component testing for both commercial and military applications. Prior to joining GE, Mr. Johnson worked for Cincinnati Milacron in the Aerospace Division. Mr. Johnson holds a Bachelor of Science in Mechanical Engineering (BSME) from The Ohio State University and a Master of Business Administration (MBA) from Xavier University; he is also a Professional Engineer in the State of Ohio. Mr. Johnson volunteers at St. Columban’s Church as a Collection's counter.
Michael Johnson has been a member of the Board of Directors since 1998. He currently serves on the Executive Committee and has also served on the Supervisory and Nominating Committees.
2nd Vice Chair
Cheryl Hill worked at GE Aviation for 38 years and is currently enjoying retirement. She holds a Bachelor’s degree in Finance and Business Administration from the University of Cincinnati. At GE Aviation, her experience provided her with many leadership and facilitation skills that she used throughout her career in Sourcing and Compliance, as well as many community service projects. Ms. Hill held various leadership positions on community service projects including: Secretary of Cincinnati Chapter of GE Volunteers, Project Leader for College Bound Mentoring at Aiken High School, Project Leader for FreeStore FoodBank, Chairperson for GE Days at Kings Island, Sourcing and Supply Chain Engagement Leader, and Chair for GE Day at Cincinnati Zoo. Her support of these GE Aviation activities and community service projects led her to receive the Gerald L. Phillippe Award and the first annual Jack Welch Award in 2000.
Cheryl Hill has been a member of the Board of Directors since 2003. She currently serves as Chair on the Scholarship Committee and has also served on the Supervisory and Nominating Committees.
Richard (Dick) Ille retired from General Electric after 40 years where he was the Human Resources and Labor Relations Manager. Mr. Ille holds a Bachelor of Science degree in Business Administration from The Ohio State University. He has many years of experience in dealing with Human Resource and Professional Relations for numerous engineering, quality, and value stream organizations. Mr. Ille served as Manager of Labor Relations for six Evendale labor unions for many years. Mr. Ille taught Economics at the University of Cincinnati as well as numerous classes at GE. He has served on the Board of Directors at GE Park and is the past President of the GE Management Association. Additionally, Mr. Ille has volunteered numerous hours for the GE Community Service Fund and been Chairman of the Annual GE/Cincinnati Reds Days.
Dick Ille has had the pleasure of being a member of the GECU Board of Directors since 2010 in addition to being the Secretary/Treasurer since 2016. He currently serves on the Scholarship Committee and has served on the Annual Meeting and Nominating Committees.
Timothy D. Ballinger
President & CEO
Timothy (Tim) Ballinger has worked at General Electric Credit Union (GECU) since 1994; was promoted to President in June 1998 and became President & Chief Executive Officer in April 2015. Prior to Mr. Ballinger’s tenure with GECU, he was a Senior Vice President at the Fifth Third Bank in Cincinnati. While there, he served on the Board of Directors of the Fifth Third Bank of Columbus. He was Senior VP of PNC Bank (formerly Central Trust Company) prior to joining Fifth Third. Mr. Ballinger has been involved with financial institutions during many years of his career. Educationally, he earned a Bachelor’s Degree from the University of Cincinnati, an MBA from Xavier University, and a Graduate Degree in Banking from Stonier at the University of Delaware. Additionally, he received acknowledgement as an American Banker Top 40 Under 40. Mr. Ballinger has spent countless hours serving in numerous civic organizations including: Board of Directors at Roger Bacon High School; Chairman of Roger Bacon Endowment Fund; Board of Directors at Junior Achievement; and Board of Trustees at St. Vivian Parish.
Tim Ballinger has been a member of the Board of Directors since 2016. He has also served on the Nominating Committee.
Jerry Cabe is a retired engineer and holds a Bachelor of Science degree in Mechanical Engineering from West Virginia University. He has over 18 years of experience in project and program management of advanced technology programs at GE Aircraft Engines followed by ten years at Belcan Corporation. Mr. Cabe has served on the Board of Directors of The Crossings of Springdale Condo Owners Association.
Jerry Cabe has been a member of the Board of Directors since 2016. He has also served on the Supervisory and Nominating Committees.
Perry Engstrom retired from General Electric after 42 years in Human Resources. Mr. Engstrom earned a Bachelor of Science degree in Industrial Tech and a Master of Science degree in Industrial Management from the University of Wisconsin – Stout. While at General Electric, Mr. Engstrom held leadership positions within the Human Resources departments including the manager of Hourly Compensation and Employee Benefits and of Hourly Placement. He spends his spare time volunteering in the community and has served as the General Electric Business and Industry Advisory Council member to the Ohio Business Teachers Association. Mr. Engstrom was also the Financial Secretary at Lord of Life Lutheran Church. Now, he is currently a volunteer for “God’s Work Our Hands” within Christ the King Lutheran Church in West Chester performing several community outreach projects.
Perry Engstrom has been a member of the Board of Directors since 2018.
Gayle Nyswonger is a Nurse Practitioner at TriHealth and holds a Master of Science degree in Nursing from the University of Cincinnati. She enjoys hiking, gardening, and volunteering her time in the community. Ms. Nyswonger is knowledgeable in the real estate investment and property management fields, as well as the healthcare industry.
Gayle Nyswonger has been a member of the Board of Directors since 2017. She currently serves on the Scholarship Committee and has served on the Nominating Committee. Ms. Nyswonger previously volunteered her time on the Supervisory Committee from 2010 - 2017.
Robert Peak is currently enjoying retirement after a 35-year career in business. Mr. Peak received a Bachelor of Science degree in Commerce from the University of Louisville’s School of Business in 1980. During his career, he gained the skill sets of developing comprehensive systems, negotiating multi-million dollar contracts, and forcing fiscal responsibilities while at GE Aircraft Engine’s Sourcing Department and on contracts for Procter & Gamble’s Purchasing and Global Equipment Group. While working at GE, Mr. Peak served on several committees and was the event chairman for the Evendale General Electric Management Association. His roles were to organize business meetings and negotiate contracts for the association.
Robert Peak has been a member of the Board of Directors since 2014. He has also served on the Nominating and Supervisory Committees.
The primary responsibility of the Supervisory Committee is to protect the welfare of the Credit Union’s members, officials, and employees. Safety of funds, protection of member’s balances, and the determination of accuracy in maintenance of accounts and records are all under the Supervisory Committee’s authority.
Clifford (Cliff) Hackney spent 42 years working for E.W. Scripps Company and Paws Inc. (The Garfield the Cat comic studio). Mr. Hackney graduated with a Bachelor of Science degree in Accounting from the University of Cincinnati. During his professional career, he held several accounting, audit, and sales related positions for the Garfield and Peanuts comic strips. He retired as Vice President of Sales in 2013 after having negotiated hundreds of licensing contracts for the use of the comic characters on products ranging from apparel and pet products to advertising spokesperson. Cliff lives in West Chester with his wife (Cindy). He currently is a member of the West Chester Board of Zoning Appeals and Chaired the West Chester Joint Economic Development District Board for a period of six (6) years. Cliff enjoys spending time with his four (4) grandchildren and is an avid baseball fan.
Cliff Hackney has been a member of the Supervisory Committee since 2017.
Frank Dossman retired from IBM in 2018. He has a Masters in Business Administration in Finance from Xavier University and a Bachelor of Arts in English Literature from the University of Cincinnati. Throughout his career, he led numerous teams in the development of strategic direction for financial institutions. As a consultant for Deloitte, PriceWaterhouseCoopers, LLP, and IBM for over 36 years, Frank worked with CEOs, CIOs, CFOs, and senior executive staff for some of the largest companies in the United States and Canada. The teams he led helped clients define a corporate strategy unique to the individual institution. In his spare time, Mr. Dossman enjoys volunteering in the community. Some of his past volunteer experiences include serving as a Boy Scout Troop Leader and as a baseball and soccer coach for over 10 years. He currently volunteers for St. Ignatius' homeless meal programs as well as other programs and services St. Ignatius provides to the community.
Frank Dossman has been a member of the Supervisory Committee since 2019.
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