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Royal Credit Union Announces New Executive Vice President - Chief Financial Officer

June 12, 2025

EAU CLAIRE, Wis. – Royal Credit Union (Royal) has named Ryan Balts Executive Vice President- Chief Financial Officer. In this role, Balts will oversee Accounting and Financial Analysis, ensuring excellence in service delivery, fostering strategic collaboration within the Executive Team, and driving financial success for the organization.

Balts, who has served as Royal’s Vice President of Finance for the past eleven years, brings extensive expertise in financial strategy, investment management, and operational leadership to his new position.

Photo of Ryan Baltz

“Ryan brings a strong track record of financial leadership, strategic insight, and a collaborative approach that aligns deeply with Royal’s values,” said Brandon Riechers, Royal Credit Union President and CEO. “His thoughtful leadership and commitment to excellence will be instrumental as we continue to live out our core purpose and drive meaningful impact for our Members and communities.”

Balts earned a Bachelor of Business Administration in Finance from the University of Wisconsin-Eau Claire and a Master of Business Administration from the University of Wisconsin-Whitewater. Beyond his professional career, he is actively engaged in the community. He has been involved with Junior Achievement as a classroom volunteer, served as board president of the Chippewa Valley Museum Foundation, and is currently serving as treasurer on the Boys & Girls Club of the Greater Chippewa Valley Board of Directors.

About Royal Credit Union

Royal Credit Union is a federally insured credit union proudly serving over 300,000 Members in Minnesota and Wisconsin. Royal is driven by a core ideology built on a strong purpose and values. You can open an account or apply for a low-rate loan at Royal Credit Union if you live or work in 26 counties in western Wisconsin or 16 counties in Minnesota. Counties served in Wisconsin include Adams, Ashland, Bayfield, Barron, Buffalo, Burnett, Chippewa, Clark, Douglas, Dunn, Eau Claire, Jackson, Lincoln, Marathon, Pepin, Pierce, Polk, Portage, Price, Rusk, Sawyer, St. Croix, Taylor, Trempealeau, Washburn, and Wood. Counties served in Minnesota include Anoka, Carver, Chisago, Dakota, Goodhue, Hennepin, Isanti, Olmsted, Pine, Ramsey, Scott, Sherburne, Wabasha, Washington, Winona and Wright. A complete list of Member eligibility requirements is available on the Royal Credit Union website. To learn more about Royal, visit rcu.org or call 800-341-9911.

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