NEW YORK – United Nations FCU announced its longtime president, Michael Connery, Jr., will retire next January as head of the $3.5-billion credit union.
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Connery, 67, has spent nearly 24 years at the helm, increasing the credit union’s membership from 18,000 to more than 95,000 and total assets have grown from $235 million to $3.5 billion.
The credit union’s board has implemented a succession plan, which it had begun two years ago, to ensure a successful executive transition. An executive recruiting firm, specializing in the financial cooperative industry, is identifying candidates to succeed Connery.
