MECHANICSBURG, Penn. – Two well-known figures in the credit union community have died: Bob Marquette, the president and CEO of Members the $3.5-billion Members 1st Federal Credit Union, and Hubert Hoosman, the retired CEO of Vantage Credit Union.
As CUToday.info reported here, Mr. Marquette just appeared before a credit union audience during NAFCU’s annual meeting in Honolulu where he accepted the association’s White Hat award for political fundraising. No cause of death was released.
George Nahodil, EVP-retail delivery, public relations and marketing with Members 1st, issued a statement saying, “It is with great sadness that we report the passing of our CEO, Bob Marquette. Our thoughts and prayers are with his family and loved ones. Please join us in giving them time and privacy to mourn. Our board of directors and executive leadership team will be in touch with more information when it becomes available on Wednesday.
Separately, in St. Louis County, Mo., Mr. Hoosman, 60, was killed in a car accident when his BMW collided with a GMC pick truck. Mr. Hoosman was declared dead at the scene, which was less than two miles for his home, according to police. Police are investigating the accident; the other driver sustained serious injuries.
Mr. Hoosman retired as CEO of Vantage Credit Union in 2013 after beginning his career in 1982.
Mr. Hoosman retired from Vantage Credit Union in 2013 where he served as president and CEO. During his career, he served on a number of boards within credit unions, and was active in the African-American Credit Union Coalition. He also helped to raise $1 million for the memorial of Martin Luther King, Jr. in Washington, D.C.