In memoriam (Image: Shutterstock).
The Cascade Community Credit Union in Roseburg, Ore., is mourning the loss of its president/CEO Bob Dempsey who passed away Feb. 15.
He was 65.
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"The entire CCCU family mourns this loss," Samuel W. Lee III, CCCU board chair said. "On behalf of our board of directors, management team, and employees, we extend our deepest sympathies to his family and loved ones,"
Dempsey joined CCCU in April of 2015 with more than 40 years of professional experience in the financial services industry. He previously served as president/CEO of the $24.2 million EWEB Employees Federal Credit Union also based in Eugene.
His knowledge of financial and business practices aided in the growth and expansion of CCCU membership, products, and services, the board said in a prepared statement.
During Dempsey's executive leadership, CCCU grew its assets from $173 million to $227 million and membership from 12,000 to more than 14,000.
Dempsey is survived by his wife Barbara.
The credit union suggests memorial contributions in Bob Dempsey's name to CCCU's Pathfinder Scholarships, P.O. Box 1166, Eugene, Ore. 97470.
"Bob was a great supporter of our 4H and FFA in our community as well as the schools," Lee said.
CCCU's board of directors unanimously appointed Lynn Calvert, executive vice president, as interim CEO, Lee said.
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Peter Strozniak
Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
