MADISON, Wis. — After 15 years heading the Filene Research Institute, Bob Hoel, its venerable executive director, said he will step down.

The announcement came Aug. 2, but Hoel won’t be going too far from Filene, still adamant that there are pressing credit union issues that might benefit from in-depth research and at the very least, spark discussion and debate. Hoel will join the institute’s Filene Fellows group as its first fellow in residence. The group was created more than a year ago and comprises eight highly-regarded individuals charged with providing Filene with entry to a vast array of important research essential to the continued success of the credit union industry. Some of its members are from the Federal Reserve Bank, Harvard and University of California Berkeley.

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