SOUTH BEND, Ind. – Rick Rice ended 39 years at Teachers CU Friday and will be succeeded as CEO this morning by Paul Marsh, the $2 billion credit union’s senior vice president for marketing and sales.
Marsh has been an employee of Teachers since 1989 in a variety of capacities. He began his career in the finance and treasury departments at the credit union, then led the marketing, retail and electronic service operations.
Marsh will be only the fifth president and CEO of the 72-year-old credit union, chartered by a group of schoolteachers in South Bend.
Rice worked at Teachers for more than 39 years and was appointed president and CEO in July, 1987. He also served as the chairman of the Indiana Department of Financial Institutions.
