After 28 years, the CEO of a local credit union plans to retire. Yesterday, IH Mississippi Valley Credit Union announced Dennis Hall will retire at the end of the year.
Vice President of Marketing, Laura Ernzen, says Hall has served as CEO and president for the past 18 years. During that time, the credit union grew from $200 million in assets to nearly $1 billion.
Hall was recently inducted into the CEO Hall of Fame by the Illinois Credit Union League. Next January, Vice President of Support, Brian Laufenberg, will take over as the new CEO.
Laufenberg has been with IH Mississippi Valley Credit Union for 10 years.
I-H Mississippi Valley Credit Union was founded in 1934. It is now the sixth-largest credit union in Illinois, with 17 locations.