Greg Hilbert has decided to retire as president and CEO of Fox Communities Credit Union in Appleton, Wis.
The institution said on Friday that it has retained D. Hilton Associates, a credit union consulting firm, to conduct a search for Hilbert’s successor.
Hilbert, who will step down in April 2020, has served as the credit union’s CEO since 1980, when it was called Combined Locks Credit Union and had four employees and $3 million in assets. Fox Communities has since grown to have more than 400 employees and almost $1.7 billion in assets.
“We thank Greg for his outstanding contributions, endless dedication and loyal service to Fox Communities Credit Union over the past 38 years,” Bill Panella, the credit union’s chairman, said in a statement.
Fox Communities posted net income of about $20.6 million in 2018, a 14.5 percent increase from the prior year.
