Murray Williams will become the new president/CEO of the Iowa Credit Union League this summer, the West Des Moines-based league said Monday.

He succeeds ICUL President/CEO Pat Jury who will retire July 1.

Williams currently serves as the COO for the league and its holding company, Affiliates Management Company, AMC.  He joined the Iowa league in 1996.

During his tenure, Williams reduce the league's membership dues 17 years in a row that totaled more than $25 million, according to the league. He also helped grow the league's AMC capital holdings and maintain a credit union affiliation rate of 99%, the league said in a prepared statement.

He has served on CUNA's strategic services and is involved in international credit union advocacy and volunteerism. Williams was inducted into the International Executive Volunteer Corps for the World Council of Credit Unions.

Pat Jury, will transition from his CEO position on June 29.

ICUL said he will continue consulting with the league and AMC as a senior advisor through 2021.

Jury has served as ICUL president/CEO since 2006. His 29-year tenure of service to the organization includes 10 years as AMC's chair.

In his 12 years as ICUL's CEO, Jury's advocacy helped elevate the standing of credit unions nationally and internationally. He led successful legislation in Iowa and Washington D.C. to defend credit union tax status, and he also worked to create a competitive state charter that supported membership growth. Today, Iowa has more than 1.1 million credit union members, the league said.

Jury was instrumental in creating ICUL's holding company structure of AMC in 2008, growing its capital holdings from $20 million to $115 million, according to the league. Under his leadership, AMC established and grew companies such as Community Business Lenders, Coopera Consulting, PolicyWorks, The Members Group and TMG Financial Services.

He also served on numerous boards and committees, such as SHAZAM Inc., the American Association of Credit Union Leagues, the National Cooperative Bank, the World Council of Credit Unions and the Credit Union Political Action Committee.

In 2009, Jury was elected to CUNA's board of directors. He recently completed his term as CUNA's board chair, a first for any Iowan.

“Pat's exemplary model of servant-leadership has inspired leaders throughout our entire organization,” said Brent Helin, ICUL board chair and president/CEO of the $56 million Des Moines Metro Credit Union. “Through his exceptional management skills, financial stewardship and clear vision for our future, he has cultivated a strong bench of talented, highly tenured leaders that will continue to support this organization into the future.”

Helin said the ICUL board of directors enthusiastically endorses Murray as its new CEO.

“Murray has demonstrated a fierce commitment to advancing the interests of Iowa's credit unions and providing exceptional ICUL member value,” he said. “His experience has provided him a unique vision and perspective that will be invaluable to credit unions as they navigate a rapidly changing financial services landscape. I look forward to seeing Murray continue the trajectory of success that Pat Jury has set for our industry.”

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Peter Strozniak

Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.