MONTPELIER, Vt. Vermont State Employees CU, the largest state chartered and only statewide credit union in Vermont, announced the planned retirement of Steve Post, who has served as president and CEO of the now $610 million credit union since 1990.
Post previously held the position of general manager at the White River CU in Rochester, Vermont.
Under Post, the credit union grew from $80 million, expanded its field of membership from an employee to community based credit union, grew membership to over 50,000 members and expanded branch operations to seven locations around the state while developing a full service online distribution channel.
The board of directors retained the services of Cope & Associates, Burlington, Vermont, and several months ago began the process of working with Post and the senior executive team in preparation of succession planning and a transition to a new CEO. The board will now begin the process of recruiting and identifying qualified candidates for the job.
