Arcadia Federal Credit Union in Fort Kent, Maine, will have a new leader next year.
The $365 million-asset credit union said in a press release that David Desjardins will retire as president and CEO next July. He will be succeeded by Joey Cannan, the credit union’s executive vice president.
Desjardins had been CEO since 2004.
“Every decision I made was aimed at ensuring the long-term success of the organization,” Desjardins said in the release. “I am extremely proud of our collective achievements and deeply grateful for the unwavering support of our members, staff, and board of directors.”