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The board of directors for ORNL Federal Credit Union in Oak Ridge, Tenn., said its President/CEO Colin Anderson intends to retire on Sept. 30, while the board of directors for Florida West Coast Credit Union in Brandon said its President/CEO Mary Ott Wood plans to retire on Oct. 27.
Anderson joined ORNL in January 2013 as CFO and was appointed CEO in July 2015 when the credit union was managing $1.6 billion in assets, $1.3 billion in loans and serving 167,000 members. During his CEO tenure, the credit union increased assets to $3.1 billion, grew loans to $2.5 billion and expanded membership to nearly 190,000, according to NCUA Call Reports.
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