Peach State FCU Creates Two Scholarships to Honor 30th Anniversary of CEO Marshall Boutwell

LAWRENCEVILLE, Ga.–To mark the 30th anniversary of the leadership of Marshall Boutwell, president and CEO of Peach State FCU, the credit union’s board has approved creation of two $5,000 scholarships for veterans seeking to expand their education to enhance their long-term career opportunities.

The Robert Marshall Boutwell Veteran’s Educational Scholarships will be funded through the Peach State FCU C.A.R.E.S. Foundation and available during the credit union’s 2025 Scholarship Program. 

“We could not be more grateful to have such a visionary and respected industry leader guiding us over the last 30 years. Marshall’s passion for helping our members and his commitment to the Peach State team are at the forefront of every decision he makes,” said Board Chair David Welden. “Under his direction, Peach State has enjoyed astounding success; growing from $14 million to more than $933 million in total assets, over 70,000 members, a team of 200 plus employees, and 26 branch locations throughout Georgia and South Carolina.” 

Life & Career Highlights

According to the credit union, Boutwell, a North Carolina native raised in a military family, volunteered for the U.S. Army in 1967. He held several command and staff positions including Company Commander and Battalion Executive Officer. While serving in Vietnam, Boutwell was awarded the Distinguished Flying Cross, Bronze Star Medal, Purple Heart, 12 Air Medals, and the Vietnamese Cross of Gallantry. 

Meanwhile, the credit union noted Boutwell has also been a leader in the credit union movement, holding numerous positions on boards and committees within the credit union industry.

Boutwell was recognized with the World Council of Credit Unions Distinguished Service Award in 2022, the prestigious Moses C. Davis Lifetime Achievement Award in 2015, and induction into the Credit Union House Hall of Leaders in 2013.

International Recognition

Boutwell’s leadership has also garnered international recognition. He was the recipient of the Knights Cross of the Order of Merit from the Republic of Poland in 2021 and the Polish Credit Union Foundation “Feniks” Award in 2009 for his support of Polish credit unions. 

The $933-million Peach State has more than 70,000 members.

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