PHILADELPHIA Sb1 FCU, the former SmithKline employees credit union, said its CEO Thomas Swierzy is retiring in July, after 31 years as head of the now-$575 million credit union.
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Swierzy, 62, who took over the credit union when it had just $2.5 million in assets, told the Credit Union Journal this morning he has no plans for retirement. His fondest memory? “All the people I’ve been lucky enough to work with. It’s been a very stable management group.”
The one-time pharmaceutical workers credit union recently converted to a community charter serving about 640,000 residents of Philadelphia.
D. Hilton Associates is conducting a nationwide search for a successor.
