Charles Bumbarger, president/CEO of the $482 million University Credit Union in Los Angeles, announced he is retiring at the end of the year after 37 years at the institution.Bumbarger took the helm at UCU in 1976. At that time, the credit union managed $8 million in assets and seven employees, the credit union said. Bumbarger grew the credit union to nearly one-half billion in assets, with 95 employees and 33,572 members.
"I have truly enjoyed guiding the credit union for the benefit of our members," Bumbarger said in a release. "I am very proud of all the accomplishments and achievements of the credit union and the financial institution that it is today."
UCU's board of directors has formed a search committee to hire a new president/CEO.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
