A New Era of Service for Congressional FCU

Cory Montez Hairston is named the new CEO of the $1.2 billion credit union.

Washington, D.C. skyline. (Source: Shutterstock).

After serving seventeen years at the Oakton, Va.-based Congressional Federal Credit Union, Cory Montez Hairston was officially appointed by the Board of Directors as president and CEO of the credit union on Tuesday.

As CFCU’s Vice President of Internal Audit for several years, Hairston also took on the positon as interim president/CEO of the credit union ($1.2 billion in assets, 47,346 members) this past year.

“The Board of Directors is very excited to welcome Montez as our new President and CEO,” said James Kaelin, chairman of the Board of Directors. “Montez brings a wealth of experience to the table and we are looking forward to the continued growth and success of the credit union under his leadership.”

According to a statement from CFCU, the credit union has received NCUA approval to expand its charter into the Southeast sections of Washington, D.C. where there are a significant number of underserved people. Expanding CFCU’s services into those areas will be a priority for Hairston.

“Coupling increased technological capabilities with personalized service, the credit union is working with community partners to establish a future site for a new local branch under Mr. Hairston’s guidance,” the credit union statement read.

Hairston said, “I am extremely appreciative of the opportunity to continue fulfilling Congressional’s commitment to our members, staff, and surrounding community.”

He continued, “Above all, we are committed to being a positive force in the community we serve.”

According to CFCU, Hairston has more than 25 years of experience in the financial industry – the majority of which has been with CFCU. He previously served as the Manager of Internal Audit for the Community Bank of Northern Virginia.