Rick Foley, president/CEO of the $4.3 billion Delta Community Credit Union in Atlanta, has announced his intent to retire later this year.

“Rick will continue to lead the credit union until the board of directors chooses a successor. The board plans to conduct a national search through an executive recruiting firm over the next few months,” wrote Matthew Shepherd, Delta Community senior vice president of marketing and member service, in a statement to Credit Union Times on Tuesday.

Foley joined Delta Air Lines in 1966 and has served on the credit union's management team since 1986. He was promoted to president in 2004.

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