In a management succession long in the planning stage, Utah's $5.4 billion America First Federal Credit Union of Riverdale, Utah, named John Lund, executive vice president as president/CEO, effective Sept. 1.

Lund will succeed CEO Rick Craig at the nation's 12th largest credit union.

In a statement, Linda Carver, chairman, said Lund would be "working with Craig and the board of directors during the next few months for a seamless transition."

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