Credit union consulting firm Dollar Associates LLC announced last week that it will add executive recruiting to its list of services offered to the credit union industry beginning in 2012.
"With over 40% of credit union CEOs reaching retirement age in the next five years," said Dennis Dollar, head of the Birmingham, Ala.-based Dollar Associates, "our client base has been encouraging us for several years to put our countless contacts in the industry to work for them as this major shifting of credit union executives takes place in the years to come. We believe the time is right for us to add recruiting and executive search to our ever-growing range of consultative services."
Dollar Associates has expanded its website (www.dollarassociates.com) to receive resumes and list positions being sought. The firm has indicated that it hopes its entry into this field will offer credit unions "a more demanding standard of results with a more competitive price tag attached."
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Prior to forming his consultancy, Dollar served as chairman of the NCUA from 2001 to 2004 and as a member of the presidential-appointed NCUA board from 1997 to 2004. He is also a former credit union CEO, originally from Gulfport, Miss., where he headed what was then the Gulfport VA Federal Credit Union. Dollar is a former member of the Mississippi House of Representatives from 1976 to 1984 and has operated his consulting firm from Birmingham since 2005.
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