The $522 million HFS Federal Credit Union is remembers its retired President/CEO Dorothy Pung as a great leader, mentor and friend.
Memorial services were held last week for Pung whose credit union career spanned more than four decades. Pung, 81, passed away on February 19, the Hilo, Hawaii-based credit union announced.
Known to many as Dot, she was HFSFCU’s first appointed president in 1975 and served in this position until her retirement in 2007.
“We are all saddened by the passing of Dot our former president/CEO,” HFSFCU President/CEO, Nathan Abe, said. “She was a great leader, mentor, and friend. Her passion for serving our members and our community continues today through the many employees she hired and trained over the years. Our thoughts and prayers go out to her family.”
In addition to opening six branches, Pung is also credited with growing the credit union’s assets to more than $300 million at the time of her retirement. Under her leadership, the credit union changed its charter designation from occupational to community, which enabled the cooperative to serve the entire island of Hawaii.
During her career, Pung received several recognitions including Credit Union Professional of the Year by the Hawaii Credit Union League and the Hawaii Island Chamber of Commerce’s Athena Award for business and professional women. She also served in various capacities with the Hawaii Credit Union League and CUNA’s Bylaws Committee.
