Four CUs Name CEOs
Three credit unions have filled the spots left behind by their retiring longtime CEOs, including one that had to fill the seat for the first time in its 37-year history.
Paul Yang has been hired to succeed Charles Bumbarger, who is retiring after nearly four decades on the job at the $475 million University Credit Union in Los Angeles.
Yang had been president/CEO at the $127 million Premier Community Credit Union in Stockton, Calif., since 2009 and held executive positions at other credit unions in California and Colorado, as well as at high tech businesses.
Meanwhile, the $1.1 billion Army Aviation Center Federal Credit Union in Daleville, Ala., has hired Robert “Bobby” Michael as its new president/CEO, effective April 14, after nine years as the president/CEO of the $56 million CORE Credit Union in Statesboro, Ga.
Michael succeeds Jim Mitchell, who is retiring after 28 years at the Alabama institution. AACFCU was chartered in 1966 to serve troops and families stationed at Fort Rucker.
In other CEO news, the $391 million FedEx Employees Credit Association in Memphis, Tenn., named Tara Burton as its president/CEO after 15 years with the credit union, most recently as COO. She succeeds the retired Peggy St. John at the helm of the city's largest single-sponsor credit union. St. John retired on Dec. 31 after 13 years at the helm and 37 years with the credit union.
And the $43 million Alamo Federal Credit Union named John Kirk, its COO, as interim CEO to replace Max Villaronga who left to become CEO of El Paso Area Teachers Federal Credit Union in El Paso. Kirk joined Alamo FCU in 2011.