Carol Hauck will retire as president and CEO of First U.S. Community Credit Union in Sacramento, California, in the new year.
The credit union said it hired D. Hilton Associates to conduct a nationwide search to find its next leader.
Hauck joined the $533 million-asset First U.S. in 1987, when it had $28 million of assets. She has been its CEO for 15 years.
"The board would like to take this opportunity to sincerely thank Carol for her years of service and for growing the credit union to where it is today. We all wish Carol the best on this next chapter in her life," First U.S.. Chairman Jamie Gomes said in a press release.
Hauck will retire in the first quarter of 2023. She is proud of what the credit union has accomplished, "and I look forward to seeing the credit union's growth in the future," she said in the press release.
First U.S. Community earned $3.1 million in the first nine months of 2022, a 2% decrease from a year earlier, according to call report data from the National Credit Union Administration.
In 2019,
