Maryland’s Andrews Federal Appoints New CEO
Former COO Kenneth Orgeron has been the credit union’s acting president/CEO since August.
The $2.2 billion, Suitland, Md.-based Andrews Federal Credit Union has handed Acting President/CEO Kenneth Orgeron the official CEO title, the credit union announced Tuesday. Orgeron previously served as COO for Andrews Federal before being appointed acting president/CEO in August 2021.
He succeeds Jim Hayes, who departed Andrews to become president/CEO of the $50 billion State Employees’ Credit Union based in Raleigh, N.C., on Sept. 1.
In a prepared statement, Andrews Federal Board Chairman Dail Turner said, “Ken’s extensive leadership experience in the financial services industry and his proven track record in leading our organization to great success is why he was chosen as the next leader of Andrews Federal. We’re confident in Ken’s ability to drive the credit union’s path forward.”
According to the credit union, Orgeron has over 30 years of industry experience and is well-known for building and leading high-performance teams. He oversaw the Andrew Federal’s loan growth over the past seven years and played a key role in developing initiatives that helped drive its recent recognition by the U.S. Department of the Air Force and U.S. Department of the Army as the 2020 Air Force and Army Credit Union of the Year. He holds an MBA from Strayer University in Herndon, Va.
“I am humbled and excited for this opportunity,” Orgeron said in a prepared statement. “I appreciate the confidence that the board of directors has placed in me to lead Andrews Federal forward in our mission to provide competitive financial products and great member service in the communities we serve.”
Founded in 1948, Andrews Federal serves more than 130,000 members in the District of Columbia, Maryland, Virginia, New Jersey and military installations in central Germany, Belgium and the Netherlands.