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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