SIDNEY, N.Y.- James A. Doig, president and CEO of Sidney Federal Credit Union, has announced he plans to retire effective Dec. 31. The credit union has named James H. Reynolds to succeed Doig as CEO.
Doig was named CEO of the $471-million Sidney FCU in January 1997, following a 20-year career that included experience in finance, including lending, member services, security, compliance, and branch operations. Since 1997, Doig has also been actively involved with CUNA, UsNet, the New York Credit Union Association, and the NYS Large Credit Union CEO Roundtable.
Outside credit unions, Doig has held leadership roles across a broad range of organizations, including Rotary Club of Sidney, Rotary Club of Norwich, Chenango County Chamber of Commerce, Chenango United Way, Chenango Housing Improvement Program, Norwich Family YMCA, the State University of NY College of Oneonta Foundation; and more.
“Jim has achieved a tremendous amount during the 22 years he has dedicated to SFCU,” said Board Chair Scott McLean. “Since he started as our president/CEO in 1997, Jim has overseen a fourfold increase in our assets from $116,873,832 to where they are today at $471,919,279. I want to thank Jim for all he has done for the development and progress of Sidney Federal Credit Union and the communities we serve and wish him the very best in his retirement. Our board of directors looks forward to working closely with Jim Reynolds to continue to build our organization, which serves 48,000 members in our current field of membership.”