New Hampshire's largest credit union and one of Oregon's largestcredit unions appointed new CEOs.

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After serving as its interim president/CEO since February at the$2.9 billion Service Credit Union in Portsmouth, N.H., David Van Rossum wasappointed president/CEO, according to an Aug. 1 SCU preparedstatement.

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In Portland, Ore., the $1 billion Unitus Community Credit Union announced Monday Steven Stapp wasnamed president/CEO. He will replace Unitus Community President/CEOPatricia Smith, who will retire Nov. 1 after 14 years ofservice.

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new ceo leadershipRossum replaced GordonSimmons, who left the Portsmouth-based credit union on Jan. 31. SCUdid not reveal the reason for Simmons'departure.

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He joined SCU in 2015 as a chief administration officer andserved as president/CEO of the credit union's four CUSOs. Beforebecoming an SCU employee, he served on the cooperative's board ofdirectors from March 1991 to March 2015.

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Rossum previously worked as a CFO for Tyco Telecommunications,BAXL Technologies, Russound and Endicott Interconnect TechnologiesInc.

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“As a demonstrated strategic executive leader, we have seenfirsthand how capable and qualified David Van Rossum is to take onthe pivotal role of president/CEO,” David Hanchett, board chair,said in a prepared statement. “I know I can speak for the entireboard of directors when I say that the future of the credit unionand the needs of our members are in good hands with David.”

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SCU operates more than 50 locations and serves 228,792members.

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new ceo leadershipStapp served aspresident/CEO of the $1 billion San Francisco Federal Credit Unionsince August 2008. During his tenure, the credit union increasedits assets from $650 million to more than $1 billion. Membershipalso grew more than 12%, according to a Unitus Community preparedstatement.

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Before joining San Francisco FCU, he served as CFO for the $3billion Redwood Credit Union in Santa Rosa, Calif., and was SVP ofbranches for the $10.2 billion Golden 1 Credit Union in Sacramento.Stapp also worked as controller for River City Bank in Sacramentoand as a senior manager for KPMG.

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“Steven is a seasoned CEO with a strong track record of growingcredit unions through progressive strategies that enhance serviceand value to the membership,” Susan Iggulden, Unitus Community'sboard chair, said in a prepared statement. “His demonstratedcommitment to the credit union movement and community service alignvery well with Unitus' vision, culture and values.”

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