Michael Crowl Michael Crowl

The UFCU board of directors said Wednesday Michael Crowl will become the next president/CEO of the largest financial cooperative in Austin, Texas.

He succeeds Tony Budet, who will retire next year. Crowl will assume the role of co-CEO on Oct. 1, reporting to the board of directors while retaining the title of president. After Budet retires in March, Crowl will continue as the sole president/CEO, UFCU said in a prepared statement.

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