Twenty-five years of decicated service to the Sunshine Coast Credit Union will come to an end next January for Dale Eichar.
On July 10, Bernie Bennett, chair of the Sunshine Coast Credit Union's board of directors, announced that Eichar, the chief executive officer, will retire effective Jan. 31, 2010.
"On behalf of the board, we would like to thank Dale for his exceptional record of financial and organizational accomplishments, and for ensuring that Sunshine Coast Credit Union has remained a customer-driven, and active, responsible corporate citizen in this community," said Bennett in a news release.
Eichar joined Port Mellon Credit Union in 1981, which later merged with Sunshine Coast Credit Union. During his tenure, the organization has grown from $13.5 million to more than $300 million in assets and has become recognized as a progressive financial service provider at the forefront of local community involvement, well positioned for future growth.
Prior to Sunshine Coast Credit Union, Eichar was general manager of Lakes District Credit Union. He has also served as a director of Cue Datawest Ltd. and Stabilization Central Credit Union, and has participated in numerous committees of Central 1's (Credit Union Central of B.C.'s) board of directors. Over the years, Eichar has been an active volunteer for many Sunshine Coast organizations and is currently director for the Sunshine Coast Community Foundation.
"Leading Sunshine Coast Credit Union has been a great privilege," said Eichar. "Our work on the Sunshine Coast has been challenging, but exceptionally rewarding. I am truly grateful for the patronage of our members and for the ongoing contribution of our dedicated staff and community partners. The Credit Union's continuous profitability and growth would have been impossible without their support - certainly, we have achieved great things together."
The board has retained Ray & Berndtson, Canada's largest executive search firm, to undertake the search for Eichar's replacement, anticipated to conclude prior to January 2010.
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