RALEIGH, N.C. – The nation’s second-largest credit union, the $50-billion State Employees’ CU, has named a new CEO.
Jim Hayes, currently president and CEO of Andrews FCU in Suitland, Md., has been named to succeed the retiring Mike Lord in leading the organization.
Hayes has more than 25 years of credit union management experience and will assume his new role with SECU on Sept. 1, 2021.
Prior to being named CEO at Andrews FCU, Hayes served as executive VP and CFO with the credit union. He has also held management positions at Western Corporate FCU (Wescorp) and was a capital markets specialist and corporate examiner for NCUA and a federal thrift supervisor at the Office of Thrift Supervision.
Hayes received his Bachelor of Science degree from the University of Southern California and holds a Master of Science degree from the University of La Verne and has completed executive education courses at MIT and Stanford University.
“I am honored to be selected as the next president and CEO of SECU. I appreciate the confidence that the board of directors has placed in me to lead SECU into the future,” said Hayes. “SECU has an excellent reputation as a member-focused and trusted financial services provider, always striving to make a positive difference in the lives of its members. I look forward to carrying SECU’s mission forward and continuing to make those positive impacts.”
SECU has more than 2.6-million members and 274 branch offices.