New credit union CEOs announced (Image: Shutterstock).
The board of directors for the $964 million United States Senate Federal Credit Union named Timothy L. Anderson interim president/CEO replacing Kenneth Kramer on Friday.
Kramer joined the Alexandria, Va.-based credit union in October 2016.
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In its prepared statement, USSFCU did not give a reason to explain Kramer's recent departure.
Anderson most recently served as an executive vice president and chief retail officer, a position he has held since January.

For more than 15 years, he served on USSFCU's board of directors in various capacities, including board chair. He began his career with USSFCU as a branch manager of the flagship Hart Senate Office Building.
Anderson holds more than 30 years of senior executive and management experience.
For eight years, he served as president/CEO of the $31 million Government Printing Office Federal Credit Union in Washington, D.C.
Anderson also worked as COO at the $65 million American Spirit Federal Credit Union in Newark, Del., and at the $170 million Treasury Department Federal Credit Union in Washington, D.C.
Additionally, he has held executive positions with Equitable and Independence Banks, BB&T and M&T banks throughout the Washington, D.C. area.
He is an engagement advisory group member at CUNA and a member on the advocacy committee for the Maryland & DC Credit Union Association.
Anderson also serves as a member on the board of directors and the immediate past chair for the African American Credit Union Coalition and is past board chair of USSFCU's wholly-owned CUSO, Credit Union Strategic Services , which focuses on business loan participations and business loan originations.
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