ROYAL OAK, Mich.–Two credit union CEOs have announced retirements, with a successor named at one of the CUs.
In Michigan, the $384-million OUR Credit Union has named Darren Cameron to lead the organization and succeed Tina Dix, who is stepping down in July
following 38 years of service to the CU.
Cameron has more than 25 years of financial management experience and executive leadership across all functional areas. In a statement, the credit union said Cameron “has proven to be a strategic visionary who drives growth through deepening member relationships and is steadfast in his support and dedication to his team.”
“I am honored to have been selected for and entrusted with the role of president/CEO by the board of directors at OUR Credit Union,” said Cameron. “This has been a career aspiration of mine for many years. I thank my mentors and colleagues that have supported and inspired me to move into a position of this caliber. Upon my first meeting with the board, I felt an immediate connection with OUR Credit Union. I personally relate to their mission and vision for the future, along with their dedication to providing the very best in member service. I have tremendous respect for Tina Dix, the board and the entire OUR Credit Union team for creating such a strong, high performing credit union. I look forward to continuing this momentum and striving to achieve long-term future success as their next leader.”
The Bio
Cameron has two undergraduate degrees, a master’s in business administration from Northwood University and is a CUES Certified Senior Executive. He currently serves on the board of the YMCA of Metro Detroit and is the chair of the Board Development Committee. He also serves as a board member of the Oakland County Chapter of Credit Unions. He also previously served as the Chair of the Cooperative Advertising Committee for the Michigan Credit Union League.
The search was handled by Humanidei + O’Rourke.
Furtado to Retire
Separately, in Smithfield, R.I., Gary E. Furtado said he will retire at the end of this year after 44 years of service at Navigant Credit Union.
“Serving as Navigant Credit Union’s president and CEO has been a privilege, an honor, and one of my life’s greatest joys. I feel blessed to have had an exciting, long, and successful career, surrounded by talented and passionate colleagues,” Furtado said. “I offer my sincere gratitude to Navigant Credit Union’s members, our employees, our board of directors, and our friends and neighbors across Rhode Island. Together, we’ve built something special that will last.”
Furtado has spent his entire professional career at Navigant Credit Union, joining what was then called Credit Union Central Falls as an accountant back in 1978, shortly after completing his degree at Bryant University. He was named president/CEO in 1987, and during his career oversaw growth from a one-branch credit union in Central Falls, R.I. to its current role as Rhode Island’s largest CU. Today, Navigant Credit Union serves more than 125,000 members across 23 branches and has more than $3 billion in total assets.
Forever a ‘Believer’
“I will forever be a believer in the inherent value member-owned credit unions bring to the communities they serve, and I am proud to have spent the last 44 years playing a role in bringing that value to tens of thousands of Rhode Islanders,” Furtado said. “As I step back to spend more time with my wife, children and grandchildren, I look forward to seeing the exciting ways Navigant Credit Union will continue to grow and innovate in the years to come.”
The credit union said it has launched a search for a successor.