Credit Unions in Four States Appoint New CEOs

Leaders take over cooperatives in Virginia, New Hampshire, Maryland and Texas.

New credit union CEOs announced (Image: Shutterstock).

James B. Mears assumed the president/CEO’s position on April 1 at the $1.6 billion BayPort Credit Union in Newport News, Va.

He succeeds former President/CEO George R. Dudley Jr., who retired after 25 years of service.

James Mears

Mears, the credit union’s fifth CEO in its 91-year-history, joined BayPort more than two decades ago. For the past 15 years, he has been senior vice president, chief operations officer.

Before joining BayPort, he was an audit manager with a local accounting firm.

Bayport is Virginia’s ninth largest credit union by assets that serves 143,094 members, employs 408 state members and operates 25 branches.

The board of directors for the $511 million Bellwether Community Credit Union in Manchester, N.H., appointed Nathan Saller as its new president/CEO.

Nathan Saller

He will succeed President/CEO Michael L’Ecuyer who will retire Oct. 1.

Saller joined Bellwether Community CU in 1997 in a marketing role. He was promoted to lead the credit union’s retail banking and call center teams and was later placed in charge of corporate strategy. Saller was named chief operating officer in January 2017 and executive vice president in May 2018.

Prior to joining Bellwether Community CU, he worked at the Ford Motor Credit Company.

Bellwether Community serves 36,192 members, employs 81 staff members and operates three branches.

The $487 million APL Federal Credit Union in Laurel, Md., named  David Woodruff as its new president/CEO.

David Woodruff

He succeeds former President/CEO Jim Deegan who retired after 28 years of service.

Woodruff joins APL Federal Credit Union with more than 30 years of experience in the financial services industry.

He most recently served as president/CEO of the $142 million Zia Credit Union in Los Alamos, New Mexico, where he held the position of president/CEO. He also was vice president of lending operations at the $347 million CommonWealth One Federal Credit Union in Alexandria, Va., and he worked at the $2.2 Numerica Credit Union in Spokane Valley, Wash., where he managed lending operations.

APL Federal Credit Union serves 22,534 members, employs 51 staffers and operates three branches.

On May 1, Andy Reed will begin his tenure as president/CEO at the $74.7 million Baylor Health Care System Credit Union in Dallas, Texas.

Andy Reed

He succeeds Karl Kouns.

Reed previously served as president/CEO of the $23.9 million Texas People Federal Credit Union in Fort Worth.

He also worked as a manager of business development at the $7.3 billion American Airlines Federal Credit Union in Fort Worth.

Baylor Health Care System CU serves 5,613 members, employs 12 staffers and operates one branch.