By Josh Watson
March 30, 2021

Oklahoma’s Credit Union president retiring

Edmond resident Luann Schmiedel will follow the retirement of Mark Kelly in April, who has served as CEO since 1981.
Mark Kelly, CEO of Oklahoma's Credit Union, will be retiring soon (Photo provided)

Oklahoma’s Credit Union announced that longtime President and CEO Mark Kelly will retire in April and be replaced by current Executive Vice President Luann Schmiedel. 

President and CEO Mark Kelly with Oklahoma’s Credit Union (Photo provided)

Kelly’s tenure with the credit union spans more than four decades, first working as an assistant manager before moving to president and chief executive officer in 1981. Under his leadership as CEO, the credit union has experienced significant success and growth, moving from $12 million in assets and 6,400 members to more than $650 million in assets and more than 47,000 members today.

Kelly’s leadership went beyond the credit union, serving the community in many roles. He has been on the board of directors for Credit Union Shared Branching for the last 26 years and is a founding member of the ATM Zone and First Rate Autos programs that are a partnership between multiple credit unions in the state. Kelly also served on the board of directors for the Oklahoma Credit Union League and the Oklahoma State Credit Union. He was also appointed to the Oklahoma Consumer Credit Commission and the Cornerstone Oklahoma Government Affairs sub-committee. Perhaps his most meaningful work has been as a dedicated advocate and volunteer for Credit Unions for Kids, through which he has helped raise millions in funds for children in need.

Kelly’s leadership is heralded throughout the credit union community, and in 2014, he was awarded the Cornerstone Credit Union League Professional of the Year.

“Mark has made an everlasting impact on this credit union and our community,” said Luann Schmiedel, Oklahoma’s Credit Union executive vice president. “He has been a valued mentor for me and many others. It’s been an honor and a privilege to work with someone who cares about people as much as Mark.”

“Mark Kelly is the consummate professional in every sense of the word,” said Michael Patterson, the current chairman of the board at Oklahoman’s Credit Union and an Edmond resident for the last 47 years. “When you look at his ‘coaching tree’ you find people who have received his mentorship and go on to become leaders in many areas of business. I am proud to call him my colleague and my friend.”

Kelly Donaghue has lived in Edmond for 17 years and has worked at Oklahoman’s Credit Union since May 2011. Donaghue said, “Mark’s influence on the Edmond Community is seen on a regular basis as expressed by the members that visit the Quail Springs branch and the stories they share about Mark throughout the years. Since Mark’s upcoming retirement was announced members have shared with me how much Mark has done for them since they’ve become credit union members.”

Kelly will be succeeded in his position by Schmiedel. Over the last 35 years, Schmiedel has led and developed numerous departments, products, processes, and people to prepare her to become the new president and CEO. Oklahoma’s Credit Union has more than 47,000 members across the state and has been in business for 65 years. Its Edmond location is at 15100 N. May Ave.

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About Josh Watson

Josh Watson is a freelance writer, public relations consultant, and tenured associate professor of communication at Oklahoma Christian University. He advises OC’s student-run PR firm, Eagle PR, and the university’s Public Relations Student Society of America chapter. Previously, he worked on award-winning state and national campaigns at McNeely Pigott & Fox in Nashville, one of the nation's top independent PR firms. Dr. Watson has helped his students earn numerous awards and recognitions, especially in national campaign competitions. His wife, Chara, teaches speech and theater at Oklahoma Christian Academy, where their four children attend.