WASHINGTON-Xerox Federal Credit Union President and CEO Bill Cheney has been very active with CUNA and NAFCU during his credit union career and when it was announced that he would become the next president and CEO of the California and Nevada Credit Union Leagues, the trades had nothing but warm wishes for his future success. "Bill has a long and distinguished career in the credit union industry." NAFCU President and CEO Fred Becker stated. "We know Bill will continue to be a moving force in the industry and look forward to a long and continued relationship with him in his new capacity." Cheney currently serves as NAFCU's treasurer and has testified before Congress multiple times on behalf of the group. Becker said he was unsure whether Cheney would be able to continue to serve on the NAFCU Board once the move takes place. "It's fair to say, that wasn't the first thing on his mind," he added. Cheney also serves on CUNA's International Legislation, Regulation, and Operations Subcommittee and it is uncertain whether he will be permitted to continue in that capacity. CUNA and the leagues have close ties and CUNA President and CEO Dan Mica welcomed Cheney's expertise. "Through his many years of service at credit unions with operations in several parts of the country-and, significantly, in California-as well as his dealings with state and national issues on both levels, Bill has developed a wealth of knowledge on operations, issues and the philosophy of credit unions," he said. Venable LLP Partner Bill Donovan, recently departed from NAFCU, commented, "Not only does Bill know the challenges confronting credit unions; he is also well known and very highly regarded by key policymakers on Capitol Hill. Bill's substantive knowledge of credit unions coupled with his solid network of political connections will be a tremendous asset not only to credit unions in California and Nevada, but throughout the nation." Cheney will replace the retiring Dave Chatfield. -

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