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Hawaii FCU CEO retires.

Add University of Hawaii Federal Credit Union CEO Ariel Chun to the growing list of leaders leaving the credit union industry.

After 23 years of service, Chun has announced she will retire effective Dec. 31.

"Now that UHFCU is in great financial shape, I will bid aloha to my ohana [family] and a place I call home. Now is the time to spend more time with my other family, and I especially intend to lend a helping hand to care for my aging parents," Chun said.

"Of course, when time allows I can continue my work with community service organizations. I feel confident that I am leaving a legacy that embodies the true spirit of the credit union movement of people helping people."

Under her leadership, the credit union has transformed from a mom and pop operation with a handful of employees in a crammed office at the University of Hawaii Manoa Campus to employing over 70 employees to serve more than 23,000 members.

Chun has also been credited with instituting shared branching to provide banking opportunities at more locations for UHFCU members.

The search for her replacement has begun, and the credit union anticipates making an announcement later this year.

UHFCU is Hawaii's seventh largest credit union and has over $390 million in assets. The credit union serves the faculty, staff, student and alumni association members of the University of Hawaii and its affiliated community colleges on all the Hawaiian Islands.
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Publication:Credit Union Times
Date:Aug 5, 2009
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