Michael Daugherty, Former Chief Executive Officer, Community Plus Federal Credit Union

As the former Chief Executive Officer of Community Plus Federal Credit Union for 28 years, Michael Daugherty led the charter conversion from a state to federal credit union for Community Plus.

Prior to joining Community Plus, Daugherty served as Vice President of Member Services at a similar-size credit union in Springfield, IL.

Daugherty formerly served as the Chairman of the Village of Rantoul Plan Commission and a Trustee for the Rantoul Police Department Pension Fund. He is the Legislative Forum Representative of the John L. Kelly Chapter of Credit Unions. Daugherty served on the Illinois Credit Union Political Action Committee (CUPAC) Board of Directors and sits on the Small Asset Size Credit Union Advisory Council for the Illinois Credit Union League. He is a member of the CUNA Consumer Protection Subcommittee. In 2021, he was appointed to a two-year term on the Consumer Financial Protection Bureau (CFPB) Credit Union Advisory Board. He has frequently served as a speaker and panelist at Small Asset Size Credit Union conferences.

Daugherty was a member of the Charter Advisory Group for what became Alloya Corporate Federal Credit Union. He then served on the Alloya Supervisory Committee from 2011 – 2014, and then on the Board of Directors from 2014-2023. He is currently a Director Emeritus.

A Certified Public Accountant (CPA), Daugherty holds his bachelor’s in business administration from Eastern Illinois University.