CUNA CEO Bill Cheney announced today that will be leaving his president/CEO position in mid-June to join
SchoolsFirst Federal Credit Union in Santa Ana, CA. Cheney says that his return to California to lead a credit union is born out of his desire to serve the credit union movement by taking a hands-on role.
Cheney informed state leagues today that the opportunity to return to California was just too great. As many of you know, he worked in California before taking the CUNA position. Chairman Dennis Pierce will be putting together a search committee and focusing on leadership that will enhance the current team at CUNA, as well as leverage the strengths of the three-tiered system of CUNA, Leagues, and credit unions.
The credit union movement has seen victories under Cheney. Last month credit unions were not named in the tax discussion draft released by the Way and Means Committee. A major victory. Also, in 2012 credit unions were able to keep key bank legislation from passing late in the session. Another good victory. Plus, he oversaw the process to bring a shared strategic vision to credit unions, "Americans choose credit unions as their best financial partners." Something that had never been done before for credit unions.