In Memoriam: Longtime N.J. CU Leader Stebner Passes

Posted by Marissa Anema Friday, March 16, 2012 11:03:00 AM


RAHWAY, N.J. – Bill Stebner Jr. passed away recently after a long tenure of service to the New Jersey credit union movement. 

Stebner began his credit union career by starting Gourmet Bakers FCU. He served as manager there for four years. He then moved on to be CEO of Schering Federal Credit Union for 17 years followed by E53 FCU (now Motion FCU) where he also served as CEO for 17 years, retiring in June 2004. 

"Bill was a long time credit union advocate and lead our credit union for many years. Our condolences and prayers go out to his family," said Michael Greenwood, current president/CEO of Motion FCU, formerly E53 FCU. 

Serving as a volunteer was also a large part of Stebner’s career. He served as secretary of the Union County Chapter of the NJ CU League for 18 years and on the board of Garden State Corporate Central CU for five years. Stebner currently served on both the board of directors and supervisory committee for United Financial Services FCU. 

​He proudly served his country in the Army during the Korean War and in 1961, he graduated from Rutgers University with a B.A. in accounting.

A viewing will be held on Sunday, March 18 from 2:00 p.m. to 6:00 p.m. at Walter Johnson Funeral Home in Clark, N.J. ( Funeral services will be on Monday, March 19 at 10:00 a.m. at Saint Marks Church in Rahway, N.J. ( Interment Services will follow at Clover Leaf Memorial Park in Woodbridge, N.J. (

In lieu of flowers, please make a donation in his memory to the Center for Hope Hospice, 1900 Raritan Rd., Scotch Plains, N.J. 07076 or Memorial Sloan-Kettering for Pancreatic Cancer Research, PO Box 27106, New York, N.Y. 10087. 


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