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The Oakton, Va.-based Congressional Federal Credit Union (CFCU) announced Thursday evening that its President/CEO Cory Montez Hairston passed away unexpectedly Wednesday.
Hairston was appointed president/CEO last fall after serving at CFCU for 17 years.
A statement from the credit union said, "The entire Congressional Federal family mourns this loss. On behalf of our board of directors, management team and employees, we extend our deepest sympathies to Montez's family. Mr. Hairston was a remarkable figure who brought dedication and passion to the organization."
The board of directors issued the following statement: "We are deeply saddened by the sudden passing of Montez Hairston. Montez was a steadfast leader and a tireless advocate for transparency. The company's directors and employees, as well as the many members whose lives he touched, mourn his loss."
Montez began his career at CFCU ($1.2 billion in assets, 47,824 members) in 2005 where he served in positions such as vice president of internal audit for several years and took on the responsibilities as interim president/CEO of the credit union until he was appointed to the position full time in October 2022.
Montez is survived by his wife, three daughters and his granddaughter.
Details of a funeral or memorial service have yet to be made public.
CFCU serves members of the House of Representatives and those working on Capitol Hill.
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Michael Ogden
Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.
