Illinois & Michigan Leagues Announce Retirements, New Leaders

Libby Calderone will become the next president/CEO of the Illinois Credit Union League and its service corporation Envisant in Naperville on Jan. 1, 2025. She will succeed current President/CEO Tom Kane who plans to retire at the end of the year.

“Today’s leadership announcement is the culmination of a successful planning process the Boards, Tom, and Libby have worked on together for the past 2 years,” ICUL and Evisant Board Chair Joseph Kregul said in a prepared statement released last week. “My fellow directors and I would like to thank Tom for his thoughtful and determined leadership and unwavering commitment to credit unions in Illinois and nationwide during his 21 years with the Illinois Credit Union System, including the last 9 as CEO of ICUL and Envisant. Tom has transformed the League and Envisant, leaving us favorably positioned for a strong and successful future.”

Kregul, president/CEO of the $457 million HealthCare Associates Credit Union in Naperville, also said Kane has agreed to stay on the league’s payroll as a part-time advisor.

“It has been my pleasure, privilege, and honor to lead ICUL and Envisant as CEO,” Kane said. “I want to thank the boards of directors, our dedicated staff, and member credit unions for their support through the years. I’ve known Libby as CEO of Earthmover Credit Union, an Envisant board director, and most recently as a trusted member of my executive team. I have great confidence her experience, track record of innovation, and passion for credit unions will position both entities to thrive into the future.”

With more than three decades in the credit union movement, Calderone joined Envisant in 2018 as its president and chief operating officer. She served as CEO/president of the $395 million Earthmover Credit Union in Oswego, Ill., for 32 years, according to her LinkedIn page.

In Michigan, Patty Corkery began her tenure as joint CEO of the Michigan Credit Union League and its CUSO, CUSG, last week. She succeeded Dave Adams who retired after 27 years of service.

As the president/CEO of the Michigan Credit union League, Corkery also served as a CUSG board member since 2021.

Before joining the league, Corkery worked for 25 years as a lawyer serving the credit union industry.

“We couldn’t be happier about both CUSG and MCUL being led by Patty. She is a passionate and skilled leader who is ready for the great opportunities that lie ahead,” MCUL Board Chair Dean Trudeau (president/CEO of the $423 million Public Service Credit Union in Romulus) and CUSG Board Chair Jackie Buchanan (president/CEO of the $5.1 billion Genisys Credit Union in Auburn Hills), said in a prepared statement. “Returning to our heritage of shared leadership for our companies will also build on the decades of success that we have enjoyed at MCUL & Affiliates under that very structure.”