A Norwich-based credit union has announced a leadership transition.
CorePlus Credit Union said Raymond J. Currier will take over as the financial institution’s new president and chief executive officer on Jan. 1, 2024.
That’s when current President and CEO Nicholas K. Fortson will retire after nine years in the role.
Currier is currently the credit union’s chief operating officer, and he’s been with CorePlus since 2005.
He has close to 30 years of experience in the credit union industry, according to CorePlus, which has $339.7 million in assets and nearly 29,000 members, according to National Credit Union Administration data.
CorePlus, which was founded in 1936, is federally chartered with its headquarters located at 202 Salem Turnpike, in Norwich. Its members live, work, worship or attend school within 19 census tracts in New London County. Its membership also includes employees or voting members of the American Consumer Council.
CorePlus said its board of directors conducted a CEO search with assistance from the Credit Union League of Connecticut.
After considering several worthy candidates, the board determined Currier’s “dedication, exceptional leadership, and significant contributions as Chief Operating Officer” made him a good fit for the job.
Fortson, who has been CEO of CorePlus since 2014, announced his retirement plans earlier this year. His last day on the job will be Dec. 31.
Fortson will be working closely with Currier throughout the rest of the year to ensure a smooth leadership transition, according to the credit union.
