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Citing personal reasons, Raymond Del Nero, president/CEO of the $1.8 billion Merck Employees Federal Credit Union in Rahway, N.J., has resigned from his position on the New Jersey Credit Union League Board of Directors effective immediately.

 “Ray was an integral member of the Board and we are very sorry to see him leave. His perspective of the industry and his passion for helping all credit unions in N.J. will be missed,” said Louis Vetere, NJCUL board chair and president/CEO of the $281 million Garden Savings Federal Credit Union in Parsippany, N.J.

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Peter Strozniak


Credit Union Times

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