SYRACUSE, N.Y.–John Wakefield, president/CEO of Empower Federal Credit Union, has announced his retirement. An interim CEO has been named.
Wakefield spent more than 23 years with the credit union, overseeing growth to more than $3 billion in assets from $150 million. Empower Financial has also been named among the Best Companies to Work for in NYS, and among Forbes Best-In State.
“John has been a great leader, who was instrumental in the merger of Power and Empire Federal Credit Union in 2007 and many outstanding achievements since that time,” said Board Chair Robert Cummings. “The credit union has experienced tremendous growth, which allows us to better serve our members and communities. We are thankful for his service to the credit union and wish him and his family well as he begins this new chapter.”
The credit union said it has named Brenda Carhart as interim president/CEO. Carhart has 38 years of credit union experience and prior to the appointment was serving as SVP/CLO.
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