The New Jersey Credit Union League Board said in a release Friday it will move quickly to start the search process for a successor to President/CEO Paul Gentile, who is leaving the league at year-end for a new position at CUNA overseeing communications, sales and strategy.
The league said its search committee will hire a search firm by Nov. 19. An interim CEO from outside the league will be appointed to head up operations during the search for a permanent CEO, and the board will provide status updates with members when appropriate, said NJCUL Chairman Lou Vetere, CEO of the $213 million Garden Savings FCU in Parsippany.
Vetere said delivering value to members is a first priority, and listed a number of initiatives he said will not lose momentum during the transition. They include the launch of a new home energy efficiency loan program in partnership with the state of New Jersey, new creative media for NJCUL’s “Banking You Can Trust” consumer awareness campaign, and the push to bring electronic lien titling to New Jersey.
“All of these initiatives bring tremendous member value and we will work to ensure they stay on track,” he said.