Kane started working at Red Canoe 37 years ago and grew progressively into positions of leadership until becoming president/CEO in 1991. During his tenure, Red Canoe grew from a $23 million credit union serving the employees of Weyerhaeuser Company to a $527 million credit union serving consumers throughout Washington and Oregon.
"As the CEO for the past 18 years, Bob has created a credit union that truly fulfilled the mission of service to the members while running a progressive yet financially strong organization. The entire board thanks Bob for his financial and operational leadership," said Charlie Neithardt, board chairperson.
Chief Financial Officer David Spaulding has been selected to replace Kane as president/CEO. Spaulding has worked at Red Canoe for the past 14 years.