Bonds Exit Stirs Up Mild Concern
Two member credit unions say they aren’t running for the exits at Corporate America Credit Union following the July 3 announcement that CEO Thomas Bonds had resigned from the $3.3 billion corporate. However, they expressed disappointment and concern that the maverick and charismatic leader will no longer lead the Irondale, Ala.-based institution.
“It is clear that the corporate credit union industry is changing. As such, I believe that I can better use the skills I have acquired over the past 25 years to assist credit unions with brokerage services,” Bonds said in a release.
Buckley said he’s not concerned that Corporate America will have to replace such a visible leader.
“Corporate America is about our products and our services and providing the best possible delivery of those to our members,” he 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.”