CHICAGO – There's even one billion dollar credit union CEO position vacant right now with the resignation of Bob Bream from the $3.9 billion United Airlines Employees CU. Bream joined UAECU in 1991 and served as CEO for 10 years. He said he's most proud of growing capital reserves to $450 million when he left, and the CU's well-known low interest rates and high dividend yields. He may have left the CU at an opportune time as it is very closely tied to its sponsor, United Airlines, which declared bankruptcy. Bream, like Hollen, joined a vendor, moving to Certegy as VP and general manager for its North America operations.
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