The $88 million Inspire Federal Credit Union in Bristol, Pa., has hired Jim Merrill as its new CEO. He will succeed the retiring Glenn Styer, the credit union announced June 30.
Merrill (pictured at left) has been in the industry for the past 23 years, most recently as SVP at LendKey Technologies in New York City. Prior to that he was CEO of the $47 million Fairless Credit Union in Morrisville, Pa., and EVP of the New Jersey Credit Union League, his new employer said.
Styer retires on July 31 and Merrill's appointment is effective Aug. 1, the 13,000-member credit union said, crediting Styer for leading Inspire's growth from $14.5 million to its current size. Conversion to a community charter and the adoption of new technologies also highlight Styer's 23 years of leadership of the Bucks County credit union.
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