Two member credit unions say they aren't running for the exitsat Corporate America Credit Union following the July 3 announcementthat CEO Thomas Bonds had resigned from the $3.3 billion corporate. However, theyexpressed disappointment and concern that the maverick andcharismatic leader will no longer lead the Irondale, Ala.-basedinstitution.

“It is clear that the corporate credit union industry ischanging. As such, I believe that I can better use the skills Ihave acquired over the past 25 years to assist credit unions withbrokerage services,” Bonds said in a release.

He said he will continue to serve credit unions with brokerageservices. However, he did not say if he would sell investments forCorporate Financial Solutions, CACU's investment CUSO. Bondstold Credit Union Times he would not comment on his resignation orfuture plans.

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