CMG Economist Colby to Retire
Dave Colby, chief economist for CUNA Mutual Group, will retire July 11 after 37 years, the company said June 16.
“The most rewarding part of my job was exchanging insights with our customers who are responsible for delivering financial services to members on Main Street,” Colby said. “I always felt re-energized after league events or credit union planning sessions Thank you to everyone with whom I’ve worked. I hope I made a difference.”
Colby joined CUNA Mutual in 1977 as a corporate research specialist and has held various corporate, operational and strategic planning positions, the company said. He is also a founding member of the Credit Union Economics Group, which provides a broad perspective of macroeconomic and credit union trends.
One of Colby's most notable achievements is the Credit Union Trends Report, a monthly pulse check on the economic state of the credit union movement.
His knowledge of the national economy, the consumer financial marketplace and the credit union system has led him to many corporate and industry-level task force assignments, and he is widely recognized as a leading speaker at industry conferences, CUNA Mutual said.
Colby will be succeeded by Steve Rick, a senior economist for CUNA, according to CUNA Mutual. Rick joined CUNA & Affiliates in 1992. As a senior economist, he conducted economic research and taught at various credit union schools and conferences.
The Trends Report will continue under Rick's guidance, according to CUNA Mutual.