Credit unions: harnessing cooperative values to drive the Canadian economy
Join Canadian Club Toronto on May 18 when we host Canadian Credit Union Association’s President and CEO, Jeff Guthrie, as he highlights the opportunities and values of the credit union sector, which provides financial services to nearly a third of all Canadians. Following his remarks, Mr. Guthrie will moderate a panel discussion with three credit union CEOs about the economic impact of credit unions on the Canadian economy and their role in the changing financial landscape. The panel will feature:
George De La Rosa – CEO, Luminus Financial
Shawn Good – President & CEO, Head Coach, Libro Credit Union
Norah McCarthy – President & CEO, Kawartha Credit Union
George has close to 30 years of experience in the Credit Union system. Currently he serves as the Chief Executive Officer of Luminus Financial, a position he has held almost 18 years. Since taking the position, the company’s assets have grown by close to 500%. He also has the distinction of becoming one of the youngest Canadian Credit Union CEOs in 2005, whose leadership helped Luminus Financial receive various prestigious awards and recognitions.
He has volunteered his time as a board of director or committee member within various organizations or committees including the Canadian Credit Union Association, The Credit Union Council, Credit Union Services Association (in Ontario), Ontario Government Relations Community of Practice with the Canadian Credit Union Association, Financial Services Regulatory Authority of Ontario (FSRA) Industry Advisory Group, Ontario Credit Union Charitable Foundation, Ontario Credit Union Payday Lending Subcommittee, and AboutFace.
George received his Accounting Diploma from Centennial College, his Bachelor of Commerce – Business Management and Marketing Management with a minor in Human Resources from Ryerson University and his Fellowship with the Credit Union Institution of Canada (FCUIC) designation through Dalhousie University. George is a proud father of his 5-year-old daughter, Aliyana.
Shawn Good is an inspirational leader with more than 25 years of credit union and financial services experience. He leverages his values, experience and strategic clarity, along with a commitment to lifelong learning, leadership and development, to advance Libro’s purpose of serving Owners and communities across southwestern Ontario.
Appointed Libro’s President & CEO in 2023, he previously served as the President and CEO of Prospera Credit Union in BC, where he initiated one of the largest merger and acquisition transactions in Canadian credit union history, and most recently as CEO at SaskCentral in Saskatchewan. Shawn holds an Executive MBA from Queen’s School of Business, attained his ICD.D from the Institute of Corporate Directors at the Rotman School of Business, and completed the Strategic Leadership program at the Banff Leadership Centre. He has been recognized nationally receiving the 2001 National Innovation Award, the 2007 World Council of Credit Unions Young Credit Union Professionals Scholarship, and the 2009 National Young Leader award, selected by Credit Union Central of Canada. Shawn and his wife Jen have three adult children and live in the Waterloo region. He enjoys hockey and fishing, and they all enjoy spending time at their cottage in northern Ontario.
Jeff Guthrie joined the Canadian Credit Union Association (CCUA) as President and CEO on July 1, 2022. He is an accomplished financial services executive with a wide range of experience in financial services and leading organization-wide transformations.
Jeff began his career in retail banking at RBC Royal Bank (RBC) as a teller. During his tenure with RBC, he held a wide variety of roles of increasing responsibilities, eventually becoming a member of the executive team as Vice-President, Card Services. Inspired by taking on a new challenge, in late 2000, he left RBC and became one of the founding executives of Moneris Solutions (Moneris). Today Moneris is Canada’s number one payment processor and one of North America’s largest. Over his 19-year tenure at Moneris, he held a wide range of senior roles, including Senior Vice-President Operations and Integrations, Chief Operating Officer, and Chief Sales and Marketing Officer.
During his time with Moneris, he served on the MasterCard Canada, Visa International, and Discover North American Advisory Boards. He also served as an advisor to the Canadian Professional Sales Association (CPSA) on developing the competencies and curriculum to establish sales as a graduate degree program.
Most recently, Jeff served as President and COO of Hank Payments, a Canadian start-up focused on providing tools to help consumers improve their financial well-being.
He is currently an advisor to Payment Source Inc., a payments company focused on financial inclusion in Canada.
Jeff holds a Master of Management from McGill University, specializing in international business. An avid traveler, he has visited over 40 countries and plans to continue to explore the world with the lifting of restrictions. Over the past two years, he has filled the travel void by publishing over 20 essays on various subjects, such as economic recovery, mental health, and cryptocurrencies.
Never shy of a challenge, Jeff is an accomplished ultra-marathon runner, having completed races in the most extreme conditions, including the Egyptian Sahara, Amazon Basin, Northern Iceland, and Fijian mountains.
When not indulging his passion for travel and adventure, Jeff resides in Toronto, Canada.
Norah McCarthy is the President & CEO of Kawartha Credit Union, one of Ontario’s largest and highly respected credit unions. Norah joined Kawartha in June 2021 to lead Kawartha through its next chapter of growth. Norah brings over 30 years of experience in financial services to Kawartha with extensive experience in retail banking, wealth management, business strategy, operations, change management, and operational risk. Norah’s experience includes running significant P&L businesses, developing innovative products to drive growth, championing enterprise transformational change, leading large operational mandates, and managing privacy, operational and fraud-related risks. Norah held the positions of Chief Privacy Officer and Ombudsman at one of Canada’s largest banks.
Norah also has experience as a Director on bank Wealth Management Boards and as a member of the Board of Directors for OBSI (Ombudsman for Banking Services and Investments) representing the banking sector.
Norah holds a Bachelor of Commerce Degree from Saint Mary’s University in Halifax, Nova Scotia and holds the Institute of Corporate Directors designation. Norah lives in Woodview, Ontario, Canada.