Michigans Catholic FCU Gets New CEO
SAGINAW, Mich. – Robert Adams, president at Catholic FCU, retired after 44 years at the $290 million credit union.
Adams started in 1966 when the credit union was located in a duplex behind St. Mary’s Cathedral in Saginaw. At that time, the credit union employed three people and served 500 members. The credit union’s staff has since grown to 90, and serves 26,000 members.
Catholic FCU reported a $2.8 million net for 2009 and a $1.5 million net for 2010.