Georgia's Own Credit Union Names New CEO

The Atlanta-based financial institution has appointed Eric S. Broome to serve as its fifth president and CEO.

Updated on Oct. 30, 2026 in People

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Georgia's Own Credit Union has appointed Eric S. Broome as its fifth president and CEO, succeeding long-time leader Dave Preter. AI Illustration. Upload story photo >

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Georgia's Own Credit Union has officially named Eric S. Broome as its new president and CEO, following the retirement of long-time leader Dave Preter. Broome transitions into the role after previously serving as the organization's executive vice president.

Why it matters

The appointment marks a significant leadership transition for the institution, which has operated for 92 years. The board of directors selected Broome to lead the organization forward following Preter's 18-year tenure.

Eric S. Broome brings over 21 years of industry experience to the role as the fifth CEO in the 92-year history of the institution. He succeeds Dave Preter, who concluded his tenure after leading the organization for 18 years.

The players

Eric S. Broome

He is the new president and CEO of Georgia's Own Credit Union and a licensed attorney in Georgia.

Dave Preter

He is the former president and CEO of Georgia's Own Credit Union who served the organization for 18 years.

Georgia's Own Credit Union

This Atlanta-based financial institution has served members in Georgia for 92 years.

The details

Broome is a licensed attorney who holds degrees from the University of Southern Mississippi and Florida Coastal School of Law. In addition to his new duties, he maintains board positions with Member First Mortgage and the Georgia's Own Foundation.

Timeline

  1. 1934 marked the founding year of Georgia's Own Credit Union.

  2. 2008 was the year Dave Preter began his tenure as CEO.

  3. October 30, 2026, was the date the appointment of Eric S. Broome was announced.

Market Landscape

This leadership change follows the 2008 transition of Dave Preter to the CEO role, marking a rare executive turnover for the long-standing institution. The move positions the credit union to continue its operations within the competitive Atlanta financial services market.

Members and clients should expect consistent service as the organization moves through this planned executive transition. There are no immediate changes to retail account terms or customer service operations as a result of the leadership update.

The takeaway

Leadership successions at established financial institutions are typically planned well in advance to ensure stability for members. Customers can generally expect the organization to maintain its existing business strategy during the transition period.

Further reading

Learn more about local leadership changes in our People section.

Source note: This article includes information reported by CUToday.

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