Dennis Schaefer is retiring Friday as president and CEO of SIU Credit Union.
SIU Credit Union Chairman William Capie will serve as interim CEO while the board reviews its options and processes for choosing a successor. Mike Lantrip will serve as executive vice president and oversee many of the daily operations of the credit union.
“We are appreciative of Dennis’ leadership over the past seven years as the credit union has undergone a significant transformation and grown its asset base to over $300 million,” Capie said. “We wish Dennis the best in his retirement.”
“SIU Credit Union will maintain its strategic focus of serving its members, which now exceeds 37,000 people covering 11 counties in Southern Illinois,” Capie said. “The credit union has an aggressive strategic plan as we remain committed to providing comprehensive financial services to the membership.”