Leslie Ellis will retire at theend of the year after 30 years as president/CEO of the $857 millionCredit Union 1 in Anchorage, Alaska.

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She will be succeeded by Tom Newins, currently chief operatingofficer at the 74,100-member Credit Union 1.

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“Under Leslie’s leadership, Credit Union 1 has merged several credit unions to form what is now one of thestrongest credit unions in the country. Through economic ups anddowns, she’s managed to grow the credit union at a steady pace inall areas,” said Roger Aldrich, the credit union’s boardchairman.

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Ellis, who joined the credit union in 1981 and became CEO in1983, will continue on as consultant to the board, Credit Union 1said in its announcement this week.

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Newins has more than 21 years of experience at Credit Union 1and graduated this summer from the Western CUNA Management School,the credit union said.

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“Tom’s leadership skills, in-house experience, andcommitment to Credit Union 1’s culture, members and employees makehim a great fit for moving Credit Union 1 forward,” Aldrichsaid.

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