• Home
  • About Us
  • Subscribe
  • Advertise
  • Newsroom
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • Current Issue
    • Latest News
    • Special Report
    • Up Close
    • Opinion
  • News by Sector
    • Real Estate & Construction
    • Banking & Finance
    • Health Care
    • Education & Talent
    • North Idaho
    • Technology
    • Manufacturing
    • Retail
    • Government
  • Roundups & Features
    • Calendar
    • People
    • Business Licenses
    • Q&A Profiles
    • Cranes & Elevators
    • Retrospective
    • Insights
    • Restaurants & Retail
  • Supplements & Magazines
    • Book of Lists
    • Building the INW
    • Market Fact Book
    • Economic Forecast
    • Best Places to Work
    • Partner Publications
  • E-Edition
  • Journal Events
    • Elevating the Conversation
    • Workforce Summit
    • Icons
    • Women in Leadership
    • Rising Stars
    • Best Places to Work
    • People of Influence
    • Business of the Year Awards
  • Podcasts
  • Sponsored
  • INW Senior
Home » The Journal's View: Local credit unions deserve praise for promoting parity

The Journal's View: Local credit unions deserve praise for promoting parity

August 28, 2025
Journal of Business Editorial Board

A few years ago, the Journal highlighted a number of Spokane economic development organizations led by women, applauding them and other women-led entities for setting an example and inspiring greater parity across the Inland Northwest business community.

Following a couple recent hires at the time, Spokane Sports, Downtown Spokane Partnership, the University District Development Association, the Spokane Public Facilities District, and Greater Spokane Incorporated all were — and still are — led by women.

Now, on the heels of STCU selecting Lindsey Myhre as its president and CEO, making her the first woman to lead the 91-year-old institution, it’s an appropriate time to praise another industry in our local business community.

With Myhre’s appointment and Carla Cicero’s continued leadership at Numerica Credit Union, a pair of women hold the highest positions at the Spokane-area's largest credit unions.

Furthermore, eight of the 10 credit unions in Spokane that are considered “small” by some metrics, are also led by women.

That includes Canopy Credit Union, PrimeSource Credit Union, Progressions Credit Union, Responders Emergency Services Credit Union, Safeway Federal Credit Union, Spokane City Credit Union, Spokane Firefighters Credit Union, and Spokane Media Federal Credit Union.

The women-led credit union trend isn’t unique to Spokane, necessarily. Research shows that just over 50% of credit union CEOs are women.

That level of female representation is far less common in other industries, however, even within the greater financial services industry, in which women make up less than 10% of CEO positions at commercial banks, according to multiple datasets.

The progress exemplified by the region’s credit unions, as well as by the economic development organizations mentioned above, deserves recognition. And it’s worth noting that the progress isn’t exclusive to those Inland Northwest organizations.

Some of Spokane County’s largest employers are led by women.

Providence’s Inland Northwest service area is led by Chief Executive Susan Stacey; Heather Rosentrater is president and CEO of Avista Corp.; Eastern Washington University is led by President Shari McMahan; Gonzaga University recently named Katia Passerini as its president.

The city of Spokane is led by Mayor Lisa Brown, and before her came former Mayor Nadine Woodward. At the County level, Mary Kuney is the chair of the Board of County Commissioners.

Progress is happening in the Inland Northwest, and there are signs that it will continue.

As reported by the Journal earlier this year, when Leadership Spokane launched its first class in 1982, just six women took a seat in a class of 27. Today, women make up the majority of the class of 2025, with 34 out of 64 participants.

We hope that representation at the leadership level continues in industries that have already shown progress, and that it spreads to industries that still lag behind.

Whether through our news coverage, editorials, or our annual Women in Leadership events, the Journal will continue to highlight the organizations and industries that make real efforts toward promoting greater gender equality across the Inland Northwest business community.

Hopefully there will come a day when that parity is the norm in the community, rather than a trend, and won’t need mentioned in a space like this.

    Opinion
    • Related Articles

      The Journal's View: Collaborative approach to solving public-safety impasse is worthy of praise

      The Journal's View: Statewide economic vision warrants local involvement

      The Journal's View: Establishing trust is priority for journalism in the AI era

    Journal of Business Editorial Board

    The Journal's View: Establishing trust is priority for journalism in the AI era

    More from this author
    Daily News Updates

    Subscribe today to our free E-Newsletters!

    Subscribe

    Featured Poll

    How much are you spending on holiday shopping this year?

    Popular Articles

    • By Tina Sulzle

      Trader Joe's puts forward plans in Spokane Valley

    • Vintage (10) c
      By Tina Sulzle

      Aloha Vintage marketplace opens in Millwood

    • 1319f8394524761fe62efd46371b1cb6
      By Dylan Harris

      Silverwood to be acquired by Atlanta company

    • By Journal of Business Staff

      Nordstrom Rack eyes new North Spokane location

    • Topgolf web
      By Ethan Pack

      Topgolf project moves forward in Liberty Lake

    • News Content
      • News
      • Special Report
      • Up Close
      • Roundups & Features
      • Opinion
    • More Content
      • E-Edition
      • E-Mail Newsletters
      • Newsroom
      • Special Publications
      • Partner Publications
    • Customer Service
      • Editorial Calendar
      • Our Readers
      • Advertising
      • Subscriptions
      • Media Kit
    • Other Links
      • About Us
      • Contact Us
      • Journal Events
      • Privacy Policy
      • Tri-Cities Publications

    Journal of Business BBB Business Review allianceLogo.jpg CVC_Logo-1_small.jpg

    All content copyright ©  2025 by the Journal of Business and Northwest Business Press Inc. All rights reserved.

    Design, CMS, Hosting & Web Development :: ePublishing