The transition follows a unanimous decision by the company’s Board of Directors. Loose, who currently serves as Senior Vice President and Chief Operations Officer, has been a fixture at the Dublin-based firm since 1998. Board Chairman James Miles credited Mason with driving significant revenue diversification and financial stability, noting that her tenure arrived as demand for private deposit insurance surged among credit unions.
Throughout his 28-year tenure, Loose has built deep ties with legislative leaders and industry trade groups. He holds an MBA from Capital University and has spent 18 years on the Nationwide Children’s Hospital Development Board. Mason will work alongside her successor during the coming months to ensure institutional continuity for the member-owned share guaranty corporation and its partners.

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