Joe Herbst, the former CEO of the conserved Members United Corporate Federal Credit Union, has been named the new president/CEO of CUMAnet LLC.

A staffer at CUMAnet told Credit Union Times this morning the CUSO has not made an announcement on Herbst being hired to head the Basking Ridge, N.J.-based company.

"I'm not sure what his start date is. He is not in today. I met him and I am not sure if he's started yet," the staffer said, suggesting Credit Union Times call back Dec. 6.

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