Lewis von Stieglitz has taken over as CEO of the Warwick Credit Union.
Lewis von Stieglitz has taken over as CEO of the Warwick Credit Union.

Lewis appointed Credit Union CEO

AFTER three years on the Southern Downs, Lewis von Stieglitz has been appointed Warwick Credit Union CEO and is not fazed by the uncertain economic environment.

Mr von Stieglitz brings to the role 24 years of experience in the finance industry.

“Our job is to prudently manage the risks so our members are well protected,” Mr von Stieglitz said.

“That means keeping up our lending while paying good rates of return on savings and investments.”

Born in Canberra, he moved with his family to Toowoomba at the age of 11 and finished his education at Toowoomba Grammar School.

He then studied at the University of New England and graduated with a Bachelor of Arts degree with honours in ancient history and a Master of Business Administration degree.

“I did ancient history to broaden my education, it has taught me to think as well as talk about money,” Mr von Stieglitz said.

After graduation, he joined the Commonwealth Bank at the Homebush branch in Sydney.

After 17 years in retail and corporate banking, Mr von Stieglitz and his family moved to Darwin where he was head of banking products at the Territory Insurance Office for two years.

He was appointed Warwick Credit Union head of operations almost three years ago and has been acting CEO for the three months since former CEO John Brown retired.

The WCU made the new appointment after an exhaustive selection process following the receipt of 50 applications.

Mr von Stieglitz has no problems answering the “Why Warwick?” question.

“Warwick is a place where you can deal with people face to face,” he said.

“We have got everything a large city has without the smog and traffic.”

He is a member of the Warwick Chamber of Commerce and Rotary Club of Warwick, which means plenty of community involvement.

His wife Clare is a volunteer at Glengallan Homestead and also does research on the homestead.

They are involved in sport, particularly football (soccer) and cricket, through their sons.

The eldest James, 24, is just finishing double university degrees in Armidale, starting with a Bachelor of Arts just like his father and then a Diploma of Education.

Sons Morgan 16, and Peter, 11, attend school in Warwick.

One aspect of the WCU operation he is proud of is the $120,000 WCU puts annually into sponsorship of sporting and community events and through the operation of the WCU Foundation.

“Any profits are channelled directly back to members through products and services, it gets ploughed into the community through local purchasing, sponsorships and other community participation,” Mr von Stieglitz said.

His plan is to constantly reinforce the WCU name and tagline “Competitive Community Banking”.

“I want to involve members in the Warwick Credit Union 40th anniversary celebrations in October this year.”

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