After more than 40 years serving the credit union industry, Stan Baron, president/CEO of Chetco Federal Credit Union, will retire effective May 1.
Chetco FCU Executive Vice President/General Counsel Peter Spratt will serve as interim CEO.
Under Baron’s leadership, since June 2000, the Harbor, Ore.- based credit union has grown from $100 million in assets to over $370 million and took a more active role in the communities it serves with an emphasis on assisting small businesses and the underserved.
CFCU also began routinely sponsoring a number of community activities from recreational youth teams to the Food Bank and Meals on Wheels. Its youth outreach efforts also include a mix of scholarships, financial literacy training in schools and operating branches in 14 of the area’s schools.
Baron’s retirement plans include a move back to the East Coast to spend more time with his grandchildren.