Beehive Federal Credit Union CEO retiring

Shane Berger, longtime president and CEO of Beehive Federal Credit Union in Rexburg, Idaho, plans to retire as head of the institution.

The $453 million-asset credit union announced Wednesday that Berger, who has led Beehive for close to 37 years, is set to step down in January 2022. Its chief lending officer, Craig Gummow ,has been selected by the credit union’s board of directors to succeed Berger as president and CEO.

“I am pleased with Craig’s qualifications for this new position and confident he, the executive management team and the board of directors will lead Beehive to continued growth and success,” Berger said in a press release. “Craig is experienced, intelligent, hard-working, a good decision maker and has a genuine desire to carry Beehive’s legacy of outstanding member service into the future.”

With its member base composed primarily of those belonging to the Church of Jesus Christ of Latter-day Saints, Beehive caters to over 32,000 members through its branches in Rexburg, Rigby, Idaho Falls and Meridian.

“I am honored by the opportunity to serve in an organization committed to helping and advocating for its members’ financial security,” Gummow said in the release. “Shane will leave an incredible legacy of community and worldwide service. He has positioned the credit union to meet future market challenges, while never forgetting the strong foundation laid by our local Beehive pioneering founders.”