COLUMBUS, Ind. – Loretta Burd, president and CEO of Centra CU the past 25 years is retiring at year-end after working at the one-time Cummins employees’ credit union for 47 years.
During that time, Burd, who began work at the credit union as a clerk, build the credit union to $1 billion in assets and 125,000 members.
In her early days, Burd worked as secretary to the credit union’s manager. But because the institution was so small, Burd trained in various capacities to help wherever she was needed. During shift change at Cummins, large numbers of employees came in to deposit or withdraw money, so Burd trained to become a teller.
She also worked in the bookkeeping department at the end of each month when financial reports came due, and helped in the delinquency and loan departments, along the way.