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Credit Union 24 founding chairman retires from board of directors
January 11, 2010
Credit Union 24, the country's largest credit union-owned ATM and point-of-sale network, has announced the retirement of founding chairman Ray Cromer from the network's board of directors.
"Mr. Cromer has been extremely instrumental in the long-term growth, development and success of the Credit Union 24 network, and he will be sincerely missed," said Jim Park, president and CEO of Credit Union 24, during a December farewell dinner for Cromer. "In the 1990s, Mr. Cromer played a significant role in determining the best strategic direction of Credit Union 24, which has resulted in the successful, credit union-owned organization of today. Mr. Cromer served as our inaugural chairman of the board in 1997, and his dedication to the success of our network has never wavered since then.
Prior to serving as the inaugural chairman, Cromer served on the advisory committee for the network and chaired the Credit Union 24 Advisory Committee after joining the network in 1984.
In addition to his 25-year tenure with Credit Union 24, Cromer is a 43-year veteran of the credit-union movement, retiring from his current position as president and CEO of Envision Credit Union in Tallahassee, Fla.
Bob Fisher, president and CEO of Grow Financial Credit Union, has been appointed to fill Cromer's remaining term on the board.
Fisher has served as president and CEO of Grow Financial Credit Union since 1992, and has more than tripled the credit union's assets to $1.8 billion and doubled membership to 165,000 since joining the financial institution. Having served on the inaugural Credit Union 24 Board of Directors, when the CUSO became a cooperative, and as chairman when it became a stockholder-owned corporation in 1998, Fisher served two terms as chairman and was previously an active participant in Credit Union 24's Standards and Advisory Committee from 1993 to 1997.
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