Russ Plunkett, who served as president/CEO of the $541 Postal Credit Union for 20 years, has retired.

Brian Sherrick, a 28-year employee of PCU, has been named the new CEO/president of the Woodbury, Minn.-based credit union.

Under Plunkett's leadership, PCU's assets grew from $109 million in 1992 to $541 million in 2012.

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