Columbia CU's Doss Moves On

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VANCOUVER, Wash. - (12/17/04) -- Columbia CU said Thursday that DavidDoss, the president and CEO who angered many in the credit unionmovement by last year's unsuccessful bid to convert the creditunion to mutual savings bank, is leaving to head Arizona StateSavings & CU. During his eight years as head of Columbia CUDoss helped build the credit union from just $200 million in assetsinto the largest local financial institution with almost $700million. But Doss will forever be remembered for his role in thecredit union's unsuccessful conversion bid, which NCUA foundtainted with voting irregularities. One observer noted that Doss'sdays were probably numbered since the opponents of the conversionbid won three seats on the credit union's board and hope to win amajority of the nine seats in this spring's elections. ArizonaState Savings & CU has $950 million in assets and 119,000members.

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