SIU CreditUnion CEO DennisSchaefer is retiring, CUToday.info reported April 6.

Schaefer's retirement is effective April 15.

William Capie, the Carbondale, Ill.-based credit union'sboard chairman, will take over as interim CEO. The board will also review itssuccession criteria and processes as it selects a permanent replacement, thenews outlet added.

In addition, Mike Lantrip was appointed executive vicepresident and will supervise the credit union's day-to-day operations.