KAMUELA, Hawaii–Hawaii First Federal Credit Union has named a new president and CEO to succeed the retiring Laura Aguirre.
Effective July 1, the $70-million Hawaii First said Mary Ann Otake will lead the organization.
Otake has more than 20 years experience in financial services and is currently chief operating officer with Hawaii First.
“I am profoundly grateful for this credit union ‘ohana, where I’ve received invaluable mentoring, care, learning, and support throughout my journey,” Otake said in a statement. “This credit union under the leadership of our lion (CEO Laura Aguirre) has not only shaped my professional life but has also taught me the power of community and teamwork. In a world that is constantly evolving, it is crucial that we come together, united in our commitment to meet the diverse needs of our members.
“I am looking forward to this opportunity to not only elevate our members but also inspire and support one another on our individual paths focused on professional development while finding the balance between work, life, and family that allows us all to flourish,” Otake added in a statement.
Education & Accomplishments
Otake holds a bachelor’s degree in Business Administration with a minor in Hawaiian Studies from the University of Hawaii at Hilo.
In addition, Otake:
- Is a Certified Credit Union Executive (CCUE)
- Graduated with honors from Western Credit Union Management School
- Is a Credit Union Development Educator (CUDE)
- Is a National Credit Union Foundation Certified Credit Union Financial Counselor (CCUFC)
- Is a Community Development Certified Financial Counselor (CDCFC), as certified by CU Strategic Planning.
CEO to Retire
Aguirre is retiring June 30 after 33 years.
“Under Laura’s dynamic leadership the credit union expanded its membership base, cultivated a construction loan program designed to put our island population into their dream homes, added a non-profit portion to the credit union to reach the underserved on our island, successfully mentored the upcoming CEO along with developing the current executive team,” the credit union said in a statement. “Laura and Mary Anne along with the board of directors strategically built a succession plan to bring forth up-to-date relevant technology to our broad-based membership, a third newly opened branch in Waikoloa to better reach our island, and a cross-trained staff that make a significant contribution to keeping Hawaii First FCU an attractive financial institution.
‘Leaving a Legacy’
“Laura leaves a legacy of making dreams come true for our staff and our members,” the statement continued. “She is known for her out of the box thinking and going 110% 100% of the time. Here at Hawaii First we are known as Lions and while we will miss our present Lioness, the new Lioness is ready to take on the den and our membership will remain in good hands.”