Bob Dorsa, president and founder of American Credit Union Mortgage Association, will retire in January 2020.
Tracy Ashfield will become the trade association’s new president, ACUMA said on Tuesday. Ashfield has more than 30 years of mortgage banking management experience. Before forming her consulting company, Ashfield & Associates, she was the senior executive for mortgage development at CUNA Mutual Group. Previously, she served as senior vice president of operations for CUNA Mortgage Corp. and worked with CMG Mortgage Insurance Co.
“Tracy shares Bob’s passion for credit unions, and she has worked with us as a consultant for many years,” Pam Davis, ACUMA’s board chairman, said in a statement. “We are thrilled she will bring her mortgage banking management experience to ACUMA as our new president. Our mission is unchanged; we will continue to provide high-quality education and networking for the mortgage banking lending and credit union communities.”
Dorsa announced his decision to retire at this week’s ACUMA annual conference in Las Vegas. During the leadership transition, Dorsa will focus on events, including the group’s annual conference and the National Association of Realtors annual convention.
“Bob is a well-known credit union leader and ACUMA founder, and his 40 years of contributions to credit unions and CUSOs have been substantial,” Davis said in the press release. “During his 22 years of service at the helm of ACUMA, Bob managed all facets of our business. He ran our events and meetings, as well as our business operations.”
ACUMA focuses on credit union mortgage lending by providing educational and networking opportunities.
