COLUMBIA, S.C. (6/12/09)--South Carolina Credit Union League (SCCUL) President/CEO Garry L. Parks will retire from that position, effective Dec. 31. A national search for a successor will begin as soon as possible, announced the league Thursday. At the time of his retirement, Parks, a U.S. Marine Corps lieutenant general who retired from the military after 35 years, will have served SCCUL and its affiliated organizations for more than five years. In that time, he and senior management have worked to:
* Establish a task force to assess and recommend facilities disposition; * Organize a think tank of credit union leaders, known as the Vision 2020 Committee, to provide continual input; and * Transition the League and Affiliates to a new structure that:
* Creates a new League Service Corp. for member services; * Establishes the Palmetto Cooperative Services as a limited liability company (LLC); and * Realigns the league as an advocacy-based organization.
"Each of these strategic actions is now either complete or well underway," wrote league Chairman Scott Woods to affiliated credit unions, noting that "new levels of confidence, integrity and prestige have been instilled in the league and its affiliates." With Palmetto Cooperative Services LLC established as a standalone company, the league will implement a structure to support an advocacy-based model, starting in January. "These past five years of working in an environment where the daily mantra is 'people helping people' has provided me a feeling of profound appreciation for the contributions that each employee delivers to credit unions, and the credit unions in turn deliver to members so enthusiastically," Parks wrote in a letter to employees. "I will always treasure the opportunities provided by this experience."