The $4 billion Ent Federal CreditUnion in Colorado Springs, Colo., said its CEO for the past 18years, Charles Emmer (pictured at left), plans to retire inOctober. Ent was a $1 billion, 151,700-member institution whenEmmer joined in 1996.
Now, fivemergers later, the credit union has added the Pueblo, Denverand Firestone markets and quadrupled in assets.
|Current President Randy Bernstein will add CEO to his title, the234,700-member Ent said in its announcement this week.
|Bernstein, pictured below, joined Ent in 1997 as vice presidentof operations, then served as EVP and COO before becoming presidentin 2011.
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“Randy's experience at Ent, industry knowledge and leadership skillsmake him the ideal choice to succeed Charles as CEO. He and Charleshave worked together to lead Ent for nearly two decades, guidingthe credit union through several economic downturns to deliverunprecedented growth in assets and membership. We expect thisleadership transition to be a smooth one for both Ent's members andits employees,” said Tim Rickert, chairman of Ent's board ofdirectors.
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