UPPER MARLBORO, Md.–New CEOs have been named by credit unions in three states.
Police Federal Credit Union has named a new president/CEO. The $145-million PFCU has selected Norman Mann II to lead the organization. Mann most recently served as CFO, having joined the organization in 2007. He has more than three decades of experience in credit unions, having also held positions with NASA FCU and Justice FCU.
Mann will succeed current President/CEO Danny Gregg, who is retiring after 24 years with Police Federal. While CEO, Gregg has overseen a tripling of assets.
Mann is currently board chair of the DC Chapter of the Maryland-District of Columbia Credit Union Association.
New CEO at Liberty Bay
Separately, in Braintree, Mass., Liberty Bay Credit Union has named Lyndon Matteson to serve as president, with the plan being to succeed current CEO Edward Lopes when he retires in late 2019. In his new role as president, Matteson will oversee all day-to-day operational responsibility for the credit union and gradually assume additional strategic, legislative and governance roles, the $675-million credit union said.
“Lyn brings 30 years of banking experience to his new position,” said Lopes. “He has a deep background in retail as well as business banking. He is a strong advocate for community involvement and financial literacy, both of which we believe are competitive differentiators.”
Prior to joining Liberty Bay Credit Union, Matteson has held executive positions at Upstate National Bank, Cobblestone Financial Group, Inc., Citizens Bank/Charter One Bank, and Key Bank, according to the Cooperative Credit Union Association.
New CEO at Matanuska Valley FCU
In Palmer, Alaska, meanwhile, Matanuska Valley Federal Credit Union has named a new CEO. The $494-million MVFCU has selected Ed Gravely to lead the organization. Gravely was formerly COO with the credit union and replaces Al Strawn, who retired after nearly 38 years with the credit union.
“I’m humbled and honored to be selected by the MVFCU Board of Directors to be the next CEO,” said Gravely. “Al Strawn has created big shoes to fill by always prioritizing the well-being of MVFCU’s members and employees as his first order of business. My plan is to follow Al’s example by focusing on helping members achieve their financial goals. We have exciting times ahead, for the members and employees, as we continue to provide and develop services to help members meet their financial goals in an ever-changing world.”
Matanuska Valley FCU has approximately 45,000 members.