Vizo Financial CEO to step down this summer

Jay Murray, CEO of Vizo Financial Corporate Credit Union in Greensboro, N.C., has announced his plans to leave the organization this summer.

Jay Murray, outgoing CEO of Vizo Financial Corporate Credit Union
Jay Murray, outgoing CEO of Vizo Financial Corporate Credit Union

Murray has been with corporate credit union for nearly 30 years and plans to devote more time to his family and personal interests after his departure, Vizo Financial said in a press release.

“This past year has really brought the importance of family and self-care into the limelight, so the time has come for me to step down from my leadership position at Vizo Financial and spend my time doing the things I love most – being with my wife and daughters, traveling and pursuing some of my interests in education, music and some other hobbies,” Murray said in the release. “My time with the corporate is something I will always treasure, and I’m so proud to say I was part of this incredible movement that puts people and community first. Credit unions will always have a special place in my heart.”

David Brehmer, Vizo Financial’s president, will become president and CEO on June 1. The pair have shared leadership responsibilities since Vizo Financial was created in 2016 following the merger of Mid-Atlantic Corporate Federal Credit Union and First Carolina Corporate Credit Union.

“We always knew the day would come when one of us would leave the organization before the other,” Brehmer said in the release. “Our arrangement to share the leadership role was unique, and it was an honor to work so closely with Jay over the past several years.”

Vizo Financial serves more than 1,200 credit unions in the U.S. and Canada, along with credit union service organizations, state leagues and more, providing solutions for money management, risk mitigation, payments and technology. It has assets of $7.5 billion.

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