The $314 million Signal Financial Federal Credit Union in Kensington, Md., selected an executive from the $3.9 billion Bank-Fund Staff Federal Credit Union as its new president/CEO.
Francois Verleysen will succeed Dan Stake when Stake retires on June 30, 2015. Stake has been at the helm for 31 years and is only the fourth CEO the credit union has had since it was chartered in 1947 as the Washington Telephone Federal Credit Union, Signal Financial said Wednesday in its announcement.
A 32-year industry veteran, Verleysen has been the community relations and membership development executive director at Washington-based Bank-Fund Staff since 2007 and prior to that was a vice president and regional manager for Provident Bank in Maryland, the announcement said.
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"Francois has many great ideas for continuing Signal Financial FCU's history of growth and exceptional member service. His unique vision and drive will help lead us in finding new ways to serve our membership and meet their financial needs and expand our membership base," Board Chairman Andrew Mekelburg said.
Signal Financial has 106 employees and eight branches in metropolitan Washington and serves more than 150 sponsor organizations as well as individuals who live, work, worship or attend school in the District of Columbia or inside the beltway in Prince George's County, Md., the credit union said.Tab
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