Jeffrey W. Merry (pictured at left) will be the new president/CEO of the $1.3 billion Volunteer Corporate Credit Union as of Jan. 1, 2016.

He will replace current VolCorp CEO Rick Veach, who will retire on Dec. 31, according to a statement released by the Nashville, Tenn.-based organization Wednesday.

VolCorp's board of directors unanimously named Merry CEO during the organization's annual meeting on Aug. 20. He currently serves as VolCorp's senior vice president and chief financial officer.

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