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News Now

CU System
Virginia Corporate CEO resigns
LYNCHBURG, Va. (2/17/10)--Virginia Corporate FCU’s (VACORP) president/CEO, Jim Hansen, has submitted his resignation to the board. His last day at the credit union is Friday. The board has begun a search for Hansen’s replacement, according to a letter Don Chapman, board member, sent to members. Chapman will serve as interim CEO and work with senior management to coordinate VACORP’s day-to-day operations. “Jim’s tireless efforts have been instrumental in growing the corporate and significantly improving the quality and range of services available to members,” Chapman said. “The board wholeheartedly thanks him for his exceptional leadership during the past seven years and extends their very best wishes.” VACORP, Lynchburg, Va., plans to host a town a meeting today in Richmond, Va.


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