McDermott + Bull has successfully placed Derrick Peterson as Chief Financial Officer at Rivermark Community Credit Union. In this role, Derrick will serve as a key member of the executive team, overseeing financial strategy and operations across accounting, treasury, budgeting, risk management, and asset-liability management (ALM). He will also play a pivotal role in shaping Rivermark’s strategic plan, supporting growth initiatives, and ensuring the credit union’s long-term financial health.
Derrick brings nearly 30 years of finance and accounting leadership experience in the credit union industry. He most recently served as Chief Financial Officer at Oregon State Credit Union, overseeing teams in finance, accounting, audit, compliance, and IT. He previously spent a decade as Chief Financial Officer at Deseret First Credit Union and also served in the same capacity with Greater Texas Credit Union and Public Employees Credit Union. He holds a Bachelor of Science in Accounting from the University of Phoenix.
Rivermark Community Credit Union is a member-owned cooperative serving 180,000 members across Oregon and Southwest Washington. Founded in 1951 as Safeway Portland Employees Federal Credit Union, it has grown through multiple mergers, including a 2024 merger with Advantis Credit Union that positioned Rivermark as the third-largest credit union in the Portland area. Today, it operates 19 branches and supports local nonprofits, education, and community development through the Rivermark Community Fund, which awards grants for financial education, sustainable housing, and food security.
This executive search was completed by McDermott + Bull President Brandon Biegenzahn, Partner Courtney Dorrel, and Director Julia Markward.