June 4, 2025
EAU CLAIRE, Wis. – Royal Credit Union (Royal) is pleased to announce the appointment of Kristi Fox and Kris Petersen as Associate Board Members. As a Member-owned financial cooperative, Royal is governed by a Board of Directors made up of volunteers elected by Members. This structure ensures that Member interests remain central to Royal’s operations.
Fox and Petersen will serve in a non-voting capacity, contributing their insights to Board and Committee discussions. This advisory role allows them to influence key initiatives and strategies without requiring election. As part of Royal’s succession planning efforts, Associate Board Members gain a deep understanding of strategic priorities through active participation in governance activities.
"We are thrilled to welcome Kristi Fox and Kris Petersen to our Board of Directors," said Tom Huffcutt, Royal Credit Union Board Chairperson. "Their expertise and dedication will be invaluable as we continue to serve our Members and position Royal for continued success in the future.”
Kristi Fox, Associate Board Member
Fox brings 30 years of business transformation and HR leadership experience, currently serving as Executive Vice President, Chief Administrative Officer at Securian Financial. In her role, she oversees human resources strategy and operations for 3,000 employees, while her board experience spans both private companies and non-profits in the financial services, mental health, and museum sectors. Fox comes with knowledge in risk management, cultural transformation, and organizational change leadership.
Kris Petersen, Associate Board Member
Petersen is Senior Vice President at think2perform, a leadership consulting firm. She also brings 35 years of experience in the financial services industry, having held various executive leadership roles growing businesses for Fortune 500 companies. Petersen has served on boards ranging from small nonprofits to a $1.5 billion organization, with leadership roles in Finance, Audit, and Investment Committees.
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.
