The New Jersey Credit Union League Board said in a release Fridayit will move quickly to start the search process for a successor toPresident/CEO Paul Gentile, who is leaving the league at year-end for a new position at CUNAoverseeing communications, sales and strategy.
|The league said its search committee will hire a search firm byNov. 19. An interim CEO from outside the league will be appointedto head up operations during the search for a permanent CEO, andthe board will provide status updates with members whenappropriate, said NJCUL Chairman Lou Vetere, CEO of the $213million Garden Savings FCU in Parsippany.
|Vetere said delivering value to members is a first priority, andlisted a number of initiatives he said will not lose momentumduring the transition. They include the launch of a new home energyefficiency loan program in partnership with the state of NewJersey, new creative media for NJCUL's “Banking You Can Trust”consumer awareness campaign, and the push to bring electronic lientitling to New Jersey.
|“All of these initiatives bring tremendous member value and wewill work to ensure they stay on track,” he said.
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