Colorado Springs, Colo. (June 26, 2017) – Ent Credit Union has announced that president and CEO Randy Bernstein will retire in October 2017, following a 20-year career with the credit union.
President and Chief Operating Officer since 2011, Bernstein was named president and CEO in 2014. During his tenure as CEO, assets and membership at the credit union have both grown by more than 19%, with Ent reaching more than $4.9 billion in assets and more than 289,000 members at the end of June 2017.
Ent’s board of directors has unanimously selected Chad Graves, Ent’s current senior executive vice president of operations and technology, to succeed Bernstein as CEO. Graves has worked closely with Bernstein for the past several years and the two share similar operational and leadership styles.
“I am pleased to be passing the torch to a leader who I know will continue to build on Ent’s success in strategic and innovative ways,” Bernstein said. “As a member of the Ent team for 18 years, Chad believes in putting our member-owners, employees and community first. I am confident that his leadership will keep Ent on a trajectory of steady growth, while continuing to maintain the credit union’s safety and soundness far into the future.”
A member of Ent’s leadership team since 2003, Graves has been instrumental in identifying, designing and implementing the emerging technologies that have helped Ent continue to better serve its member-owners. In recent years, Graves has played a key role in the design and execution of Ent’s growth strategy, identifying communities with high market opportunity for the credit union and selecting sites for new service center locations. In his current role, Graves oversees the credit union’s Operations, Information Technology, Strategy & Project Management, Marketing and Electronic Banking areas.
“Randy deserves credit for many of Ent’s organizational accomplishments, particularly the open and member service focused culture that has developed during his tenure. He is highly regarded nationally within the credit union industry, and I am humbled and honored to follow in his footsteps,” said Graves. “I look forward to serving Ent’s members, employees and board of directors as we carry out our mission to improve our members’ financial lives.”
Founded in 1957, Ent Credit Union is a different kind of financial institution, committed to improving members’ financial quality of life and returning value through better rates and lower fees. Colorado’s leading credit union, Ent has more than $4.9 billion in assets, more than 289,000 members and 28 convenient service center locations along the Front Range. As a not-for-profit, community-chartered credit union, Ent’s membership is open to businesses and individuals who live, work, worship or attend school in Arapahoe, Denver, Douglas, El Paso, Fremont, Jefferson, Pueblo and Teller counties, as well as select communities in Weld and Adams counties. Ent is an Equal Housing and Equal Opportunity Lender, federally insured by the NCUA. Learn more at Ent.com.