Hawaii CU League President/CEO Resigns
Sixteen months into the job, Carol Marx abruptly resigns from the League’s leadership position.
On Friday, the Hawaii Credit Union League (HCUL) announced its President/CEO Carol Marx resigned.
The Sept. 1 announcement did not give much reasoning to Marx’s resignation other than a statement from HCUL Board Chairman Norman Okimoto, which said, “We wish Carol the very best as she pursues other endeavors and thank her for the time and effort she put into leading the Hawaii Credit Union League.”
As the HCUL board of directors is just beginning its search for a new leader, HCUL Engagement Manager Tracy Aiwohi and Business Services Manager Grant Kashiwabara will take over “the management of HCUL’s day-to-day operations and ongoing support” in the interim.
Marx was named president/CEO of HCUL in April 2022 after Dennis Tanimoto retired on Feb. 3, 2022.
After being selected to take over the helm at HCUL, Marx said at the time, “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.
HCUL, which represents credit unions in Hawaii and Guam, has been very busy in the past month with support and fundraising efforts for credit unions and employees impacted by the deadly wildfires in Maui.