The $606 million Vermont State Employees Credit Union has begun to seek a new CEO to replace the retiring Steve Post.

The Board of Directors of the 50,400-member VSECU in Montpelier, Vt., intend to make the new CEO selection by the end of this year and then a brief transition period will occur in 2014, the credit union said Thursday.

Post has been in leadership of the state's largest state-chartered credit union for 23 years, joining VSECU in 1990 after serving as general manager of White River Credit Union in Rochester, Vt.

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