WHITE PLAINS, N.Y. – Effective Dec. 10, Holly Herman was no longer the president/CEO of Kraft Foods Federal Credit Union. Christine Greany, an assistant teller manager, confirmed that Herman is no longer the president/CEO but had "no idea" whether she resigned or was fired. "They haven't disclosed any detailed information to employees," Greany said. Herman is a CUNA Board member representing credit unions that serve between 14,000-51,999 members in the Northeast states (CUNA District 1). According to CUNA, its board will likely hold a special election or appoint someone to fill Herman's seat. Kraft Foods FCU serves 40,743 members and has nearly $500 million in assets.

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