Lucy Ito and Maurice Smith Join Board of Directors at Members Trust Company

TAMPA, Fla., April 29, 2025 /PRNewswire/ -- Members Trust Company (MTC), a nationally chartered trust company that provides trust and investment services to credit union members, RIAs, and other private investors, throughout the United States, is proud to formally announce the appointment of two distinguished credit union leaders, Lucy Ito and Maurice Smith, to its Board of Directors. Their extensive experience and commitment to the credit union mission will further strengthen MTC's vision and mission to serve credit unions and their members with trust and fiduciary solutions nationwide.

Lucy Ito, former President and CEO of the National Association of State Credit Union Supervisors (NASCUS), brings decades of leadership in credit union regulation and collaboration. Prior to NASCUS, she served as EVP and COO at the California and Nevada Credit Union Leagues, where she was instrumental in advancing policy and advocacy efforts for credit unions across the region. Ms. Ito shared, "With MTC's deep commitment to business integrity and cooperative values, I am honored to serve on the Board and to work alongside MTC's excellent leadership team."

Maurice Smith most recently served as CEO of Local Government Federal Credit Union and has long been a respected voice in the credit union movement. His leadership has spanned finance, innovation, and community development, and he previously served as Chair of both the Credit Union National Association (CUNA) and the National Cooperative Bank. Mr. Smith stated, "I am delighted to join the Members Trust Company Board of Directors. I have long been a Members Trust Company fan. This institution emulates the Credit Union member-first culture throughout its ranks. Every credit union should add trust services to its suite of products to improve members' lives."

"We are honored to welcome Lucy and Maurice to our Board," said Ken Lako, CEO of Members Trust Company. "Their collective insight, vision, and dedication to the credit union philosophy of 'people helping people' will be invaluable as we continue to grow and innovate on behalf of our clients."

Jonathan Rich, Chairman of the Board, added, "I am thrilled to welcome Lucy Ito and Maurice Smith to the Members Trust Company Board of Directors. Their proven leadership and deep commitment to the credit union movement will bring invaluable insight as we continue to grow and serve our clients, partners, and members with excellence."

Members Trust Company, founded by credit unions and owned by credit unions, provides trust and investment services to credit union members across the United States. With the addition of these two respected leaders, the company reaffirms its commitment to leadership excellence and cooperative values.

For more information about Members Trust Company, visit www.memberstrust.com.

Media Contact:
Ken Lako
813-386-8711
[email protected] 

SOURCE Members Trust Company