Outgoing CUNA CEO Bill Cheney told CU Times he is not running away from CUNA, but instead found an opportunity too good to turn down at the $9.8 billion SchoolsFirst Federal Credit Union in Santa Ana, Calif.

“There are very few opportunities that would interest me, given the position I have now. I spent 19 years at credit unions. I spent eight years in the trade association world – four in California and Nevada and now four at CUNA,” Cheney said during an interview on Tuesday. “I certainly wasn’t looking to leave. I think we’ve had great accomplishments at CUNA but this was an opportunity I just couldn’t turn down.”

CUNA and SchoolsFirst announced the decision March 12. Cheney said he will leave CUNA for California in June.

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