Service CU Hires Massachusetts, Chicago Bankers for Key Posts

Service Credit Union announced it has named Michael Dvorak as senior vice president of finance and accounting and Mark O’Dell as vice president of lending.

Dvorak brings more than 30 years of banking experience to the new role, most recently as executive vice president/COO and CFO at Massachusetts’ Wellesley Bank. Prior to that, his experience includes six years as senior vice president of finance at State Street Corp., along with 15 years at Keycorp, where he was the CFO of both its community bank and its consumer bank. Wellesley Bank was recently bought by Massachusetts-based Cambridge Trust Co.

A strategic finance leader, he is also active in the community, and has been a former board member for the Wellesley Historical Society, providing financial support to Weston Little League, Weston Boosters, WEEFC, Boston Food Bank, March of Dimes, Arc of Massachusetts, the Salvation Army, and Read to a Child.

O’Dell is a 30-year lending executive with experience overseeing all lending channels throughout his career. He was most recently vice president of residential lending for Chicago-based Alliant Credit Union, known as one of the largest credit unions nationwide, with $13 billion in assets. In this role, he was responsible for planning and directing the full spectrum of residential lending and processing operations nationwide.

“We are excited to add two highly esteemed leaders to our team,” Service CU President and CEO David Araujo said in a statement. “Michael and Mark are both insightful and results-focused professionals with proven success in strategic planning and growth, and will help us continue to improve, grow and enhance our member experience.”