Henry Wirz said Tuesday he will retire on March 31, 2016, ending his 32-year tenure as president/CEO of SAFE Credit Union.

He joined the Folsom, Calif.-based credit union in 1979 as a controller. For the next six years, he managed SAFE's accounting, finance, data processing, payroll, ATM, credit card and member service departments and programs.

Wirz was appointed president/CEO in 1984.

dave roughton

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He will be replaced by SAFE President/COO Dave Roughton, who joined the credit union in 1999.

For more than 15 years, Wirz and Roughton worked together to grow the cooperative's assets from approximately $649 million to $2.1 billion. Membership has also increased from about 91,000 to more than 187,000.

"I commend the board's decision in choosing Dave as SAFE's future CEO," Wirz said in a prepared statement. "His depth of experience in the credit union industry – spanning finance, accounting, operations and member service – makes him invaluable. I have the utmost confidence that Dave will lead SAFE into the future with great success."

Roughton previously served as SAFE's vice president and chief financial officer and executive vice president and chief operating officer. He was named president/COO in 2013.

Prior to joining SAFE, Roughton was a certified public accountant with the accounting and consulting firm Arthur Andersen LLP.

"I am truly honored to step into this role, serving SAFE's board of directors and our membership," Roughton said in a prepared statement. "I am confident SAFE will continue to be a progressive, successful financial organization and an exemplary community partner as we continue to carry out our mission to provide the products, services, financial education and advice our members need to improve their financial well being."

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Peter Strozniak

Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.