BIRMINGHAM, Ala. (4/21/08)--Gary B. Wolter has announced his plans to retire as president/CEO of the Alabama Credit Union League after serving almost 42 years in that capacity. The effective date will be around mid-year 2009.
Wolter said he wanted to give the league board of directors advance notice so that it will not be rushed in defining the process to use in the selection of his successor. He has assured the board that he will continue to work enthusiastically on behalf of the league and Alabama credit unions until his last day at the league. "In a nearly 50-year career, Gary Wolter has had an immeasurable impact on the credit union movement and its service to consumers in Alabama and throughout the nation," said Dan Mica, Credit Union National Association (CUNA) CEO. "He is a true, visionary leader to whom colleagues throughout the credit union system, myself included, look for wisdom and counsel. To me personally Gary has been a resource I can always turn to for a solid measure of credit union issues and concerns. His guidance and advice have been invaluable, and his legacy will stand tall over the credit union movement for many years to come," Mica said. Susan Newton, senior vice president, league relations at CUNA, echoed the comments. "The contributions Gary has made to the credit union system are enormous. As the 'dean' of league presidents, Gary has played a leadership role in practically every system issue or initiative over the past 40-plus years. We have all looked to him for leadership, advice and guidance over the years, and have benefited greatly from it. He will be missed." “I have enjoyed my long association with Alabama’s credit unions,” Wolter said. “I was fortunate to be involved with credit unions as they began to grow and expand service to their members, and it has been a truly exciting journey. “While my passion and enthusiasm for the credit union movement is as strong as ever, I feel the time is right for me to step away and spend time doing things my wife, Jean, and I have planned for some time,” he continued. “I want to thank my many credit union friends, present and past board members, my excellent staff and most of all, my family for their continued support through the years,” Wolter said.