JACKSONVILLE, Fla. —Jax Federal Credit Union has named a new president and CEO. The $497-million CU has selected John Servos to lead the organization.
Servos joins Jax Federal Credit Union after a, 22-year career at Neighbors Credit Union in St. Louis, Mo., where he served as CEO for over 12 years and oversaw asset growth to $467-million from $192 million. Prior to his appointment as CEO, Servos also served as CFO for nine years and vice president of compliance and audit services for one year.
Servos obtained his CPA certificate and worked in public accounting prior to working in credit unions, and has “vast credit union experience with organizational and cultural change, brand recognition, enhancing the omni-channel experience and market share growth,” Jax FCU said.
Servos has held various board of director and committee volunteer positions for corporate credit union leagues and service organizations throughout his career.
Mary Svoboda, who has served as interim president and CEO since March 2020, has returned to her previous dual roles of chief operating officer and chief lending officer.
‘Well-Respected Executive’
"John is a proven and well-respected executive whose success is a testament to his deep commitment to member service, and we welcome him to the Jax Federal Credit Union family,” said Chairman Charles T. McLeod, Jr. "We look forward to his leadership and vast CFO and CEO experience in helping guide our 86-year-old credit union through its next phase of growth. We also extend our gratitude to Mary Svoboda for serving as the Interim president and CEO and navigating through the pandemic challenges of the past year."
Servos earned his Bachelor of Science in Accountancy from Southern Illinois University Edwardsville. He holds the Certified Chief Executive (CCE) designation through the CUES CEO Institute program, which reflects the successful completion of three distinct areas of study: strategic planning through The Wharton School at the University of Pennsylvania; organizational effectiveness through the Samuel Curtis Johnson Graduate School of Management at Cornell University; and strategic leadership development through the Darden Executive Education program at the University of Virginia.
‘Number-One Asset’
“I believe our number one asset at JAXFCU is our team of associates. Creating a positive environment and providing resources for our employees allows them to fulfill the credit union promise of people helping people. By working together and believing in something bigger than ourselves, there will be no doubt in my mind that Jax Federal Credit Union will be successful in the future,” said Servos.
The search was handled by DDJ Myers.