MountainCrest CEO’s Retirement Honoraria to Benefit ‘BizKid$’ and DE Training

Bob Schumacher, President and CEO of MountainCrest Credit Union in Everett, Wash., will be retiring effective Dec. 14, 2011. Friends and colleagues are celebrating nationwide with honoraria gifts to the National Credit Union Foundation (NCUF) to benefit two specific outreach efforts: “Biz Kid$” and the Credit Union Development Education (DE) training program.

To join in honoring Schumacher in his retirement, a check should be sent noting Schumacher’s name to the NCUF at:

P.O. Box 78880

Milwaukee, WI 53278-0880

Schumacher spent 15 years as part of MountainCrest’s senior management team, including the past nine as CEO. Before joining MountainCrest, Schumacher’s 34-year career in the movement included work at the Credit Union National Association (CUNA), as well as with the Washington and Florida leagues and their service corporations.

Schumacher will be succeeded in the position by Mark Morrison, formerly MountainCrest’s executive vice president and chief operations officer. Morrison assumed the title of CEO on Sept. 1, 2011, with Schumacher staying on as President during the transition. Morrison will take full responsibility for the credit union’s day-to-day operations as President and CEO following Schumacher’s retirement.


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