Carol Marx
The Hawaii Credit Union League's board of directors announced Carol Marx as its next president/CEO on Wednesday to replace Dennis Tanimoto, who recently retired.
According to a statement, Marx has more than three decades of experience inside the financial industry. Most recently she worked as SVP and retail sales manager for the mortgage banking division at Bank of Hawaii.
Marx said, "The credit unions of Hawaii provide their members with excellent services and execute their missions to serve those in their charter, some for over 80 years now. I will move forward with the Hawaii Credit Union League's staff and board of directors to continue to support the members of this trade association representing Hawaii."
Marx previously held executive-level positions with Bank of America, First Hawaiian Bank and Pioneer Federal Savings Bank.
"The Hawaii Credit Union League looks forward to an exciting new era under the leadership of Carol Marx," Hawaii Credit Union League Board Chairman Clayton Fuchigami said. "We are very fortunate to have secured someone with an extensive background in financial services, management and volunteerism. In her role, she will provide the strategic leadership, advocacy and support necessary to rally our credit unions to unified success."
The Hawaii Credit Union League represents 47 credit unions throughout the state.
In October 2021, Tanimoto announced his plans to retire. He stepped down as the league's leader on Feb. 3 of this year.
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Michael Ogden
Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.
