Pennsylvania’s Citadel Credit Union Appoints Veteran Banker as New CEO
Bill Brown takes over the helm for Jeff March, who will retire at the end of the year.
Citadel Credit Union in Exton, Pa., on Wednesday announced the appointment of veteran banker Bill Brown as its president/CEO.
He succeeds Jeff March, who served as CEO for 22 years and will remain on the credit union’s transition team until he retires at the end of the year.
During March’s tenure the credit union grew assets from $370 million in March 2001 to its current $5.8 billion in assets, while loans increased from $306 million to $5 billion, while membership expanded from 76,608 to more than 256,000, according to NCUA Call Reports.
Deposits.com ranks Citadel as the fourth largest credit union by assets in the Keystone State.
With more than 25 years of senior leadership experience in the financial services sector, Brown has worked for banks of varying scales, including global, regional and community institutions such as Citi, HSBC, BNY Mellon, Investors Bank and Dime. He worked in the areas of retail and business banking, wealth management, consumer and small business lending, operational risk and client service, according to the credit union.
Before launching a career in banking, he served nearly eight years as a Naval Flight Officer in the U.S. Navy.
“With Bill’s accomplished background, vast experience in the banking industry and track record of leadership, we believe he will focus on the right areas to continue building prosperity for those we serve and meeting Citadel’s goals for the future,” March said in a prepared statement.
Citadel’s 554 employees operate 24 branches serving members and businesses throughout the counties of Bucks, Chester, Delaware, Lancaster, Montgomery and Philadelphia counties.