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Illinois-based Credit Union 1 names next president/CEO

The board of Illinois-based Credit Union 1 appointed Todd Gunderson to serve as president/CEO, effective Jan. 1, 2020.

Gunderson will succeed Paul Simons, who is retiring at 2019-end. Gunderson's career at the credit union includes serving as executive vice president and COO.

Simons will remain a member of the credit union's board after his retirement.