COLORADO SPRINGS, Colo.– Ent Credit Union has announced that president and CEO Randy Bernstein will retire in October, following a 20-year career with the credit union, and that a successor has been named.
President and COO since 2011, Bernstein was named president and CEO in 2014. During his tenure as CEO, assets and membership at the credit union have both grown by more than 19%, with Ent reaching more than $4.9 billion in assets and more than 289,000 members at the end of June 2017.
The credit union has named Chad Graves, Ent’s current senior executive vice president of operations and technology, to succeed Bernstein as CEO.
“I am pleased to be passing the torch to a leader who I know will continue to build on Ent’s success in strategic and innovative ways,” Bernstein said. “As a member of the Ent team for 18 years, Chad believes in putting our member-owners, employees and community first. I am confident that his leadership will keep Ent on a trajectory of steady growth, while continuing to maintain the credit union’s safety and soundness far into the future.”
Ent said that as a member of its leadership team since 2003, Graves has been instrumental in identifying, designing and implementing the emerging technologies that have helped Ent continue to better serve its member-owners. In recent years, Graves has played a key role in the design and execution of Ent’s growth strategy, identifying
communities with high market opportunity for the credit union and selecting sites for new service center locations. In his current role, Graves oversees the credit union’s operations, information technology, strategy and project management, marketing and electronic banking areas.
“Randy deserves credit for many of Ent’s organizational accomplishments, particularly the open and member service focused culture that has developed during his tenure. He is highly regarded nationally within the credit union industry, and I am humbled and honored to follow in his footsteps,” said Graves. “I look forward to serving Ent’s members, employees and board of directors as we carry out our mission to improve our members’ financial lives.”