Corporate America Credit Union Interim CEO Dan Buckley said he's not concerned his $3.3 billion corporate will have difficulty replacing Thomas Bonds, who was a very visible, charismatic, and at times, controversial leader.

The former President/CEO Bonds resigned from the Irondale, Ala.-based corporate effective July 3 after taking a leave of absence in April.

“Corporate America is about our products and our services and providing the best possible delivery of those to our members,” Buckley said. “I don't believe Corporate America is about any one individual. Corporate America existed long before the corporate meltdown, and that's when Thomas gained his visibility, and it will continue beyond.”

Buckley said he has not received any calls from members regarding Bonds' resignation.

Corporate America has no plans to require that members invest capital, he added. The corporate's membership has more than doubled over the past two years, from 250 to 550 member credit unions, in part due to the strategic decision to not require a capital investment as a condition of membership.

“We're the same Corporate America today as we were before Thomas left, providing the same quality services to our members, and that's our plan into the future,” he said.

When asked if he would apply for the permanent position, the former NCUA corporate examiner, who was originally hired by Corporate America in 2010 to oversee risk management, said he did not want to comment.

Instant Insights /

Buckley: Corporate America Same Today As Before Bonds Left

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