Banking

USE Credit Union CEO to retire

Jim Harris, longtime president and CEO of University & State Employees Credit Union, is stepping down from his role as head of the institution.

The $1.3 billion-asset credit union announced Thursday that Harris, who first joined the San Diego, California, institution in 2004 and was promoted to his current roles in 2006, is set to retire from his near 15-year tenure as leader of the credit union.

“The Board would like to thank Jim for his leadership over the past 15 years,” Josh Lawrence, chairperson of the USECU board, said in a press release. “With his guidance, Jim has helped the credit union’s asset size grow to $1.3 billion, and he’s helped foster a people-focused culture that continues to align with the credit union’s purpose and mission. We thank Jim for his commitment to USE Credit Union, and we wish him all the best in his much-deserved retirement.”

The credit union has appointed current senior vice president and CFO Todd Tharp to serve as interim president and CEO while the board continues its search for a new CEO. Harris will remain with the credit union in a different capacity to assist with any transitions per succession planning.

“I’m proud to have been part of this diverse and inclusive company,” Harris said in the release. “It’s been an honor and privilege to connect with the USE Credit Union team, our members and the local community. I look forward to the continued success of this credit union and the growth of this amazing team.”



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