Gary Base, the CEO of Dallas-based ViewPoint Bank (formerly Community Credit Union), has announced he will retire at the end of 2011.

“In the 25 years I have led this institution, it has grown from a $120 million-asset credit union to a publicly traded bank with over $3 billion in managed assets,” Base said in a statement. “Additionally, the company recently reported the highest annual earnings in the institution's 58-year history. We have achieved all this due largely to the support of our employees, customers and the board of directors, and I would like to take this opportunity to thank them.”

James McCarley, the bank's board chairman, said, “Under (Base's) leadership, the bank has successfully transitioned to a publicly traded community bank since its conversion from a large community credit union charter. He has developed and been supported by a knowledgeable and professional team. As a result of this combined leadership, ViewPoint Bank has experienced comprehensive growth while maintaining quality assets and lending.”