After 45 years in financial services, 31 of them at Legacy Community Federal Credit Union, CEO Joseph McGee has announced plans to retire at the end of January. S. Glenn Bryan, COO at Legacy, has been chosen to take on the CEO role. McGee will continue as CEO emeritus.
“This is a time of important transformation within our industry, and starting the process of passing the torch to Glenn and his team is the right decision at the right time. While it is bittersweet to announce my retirement, I do so with great pride in all we have accomplished together for those we serve and with the complete confidence that Legacy’s best days are ahead,” McGee said. “I will forever be grateful for the opportunity to have worked with this organization and the many talented people that have impacted my life in a memorable and meaningful way.”
McGee joined the credit union staff in 1991 when it was still called University Federal Credit Union. He started there as senior vice president of finance and was named CEO and president in 1999.
Under his leadership, the credit union rebranded and rechartered as a community credit union and helped grow its assets from $70 million to more than $600 million.
“Joe has certainly moved our organization forward and built a foundation that should position Legacy for success for many years to come,” said Bryan, who will now take the reins.
Bryan also has a long tenure with Legacy, working there for 37 years.
Chartered in 1955 as Alabama Credit Union, Legacy serves more than 38,000 members in Jefferson, Shelby, Bibb, Chilton, Walker, Blount and St. Clair counties.