The Rundown

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  • In nominating their boss, Bonds' staff cited his sound leadership and dedication to members.
  • Bonds will likely be remembered within the industry as being among the first to refuse to voluntarily pump additional capital into U.S. Central.
  • 'It is not a fluke that member credit unions of Corporate America did not suffer a loss during the recent demise of U.S. Central,' said one CEO.

When one of Thomas Bonds' staffers recently pulled him aside with a grim expression on her face and said that he was needed in another part of the building, the mind of the president/CEO of Corporate America Credit Union started to race.

With every step he made to his destination, it took everything in him to prepare for whatever was waiting in that room, Bonds recalled. Surely, the outcome would pale in comparison to the tumultuous year the corporate credit union network had just experienced.

He quickly eased when he realized that his staff had prepared a celebratory lunch to congratulate him on being named Credit Union Times' 2011 CEO of the Year.

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