HILO, Hawaii — Kurt A. Alicuben has been tapped the new president/CEO of CU Hawaii Federal Credit Union.

Alicuben succeeds Patrick Petti, who will soon retire after 34 years of service. Petti will assist with the transition, said Francis Tsunezumi, chairman of CU Hawaii FCU.

Since 2004, Alicuben had been serving as vice president of lending at $300 million HFS FCU. Prior to coming to the credit union industry, he was responsible for formalizing and implementing distinct Human Resources, Accounting and Information Systems Departments for Hawaii Radiologic Associates, Ltd. He also has more than 15 years of experience with Central Pacific Bank where he led and managed the bank's largest retail branch.

“Kurt has solid leadership skills and extensive experience in the financial services industry,” Tsunezumi said. “Given Kurt's proven ability to implement positive change we are looking forward to a future of opportunity and growth.”

The $224 million CU Hawaii FCU serves more than 31,000 members.