LITTLETON, Mass. Hanscom Federal Credit Union has appointed Sam Saad Chief Credit Officer.
With over two decades of experience in credit and portfolio management, Saad will lead his team at the $1.9 billion credit union in creating and upholding an effective credit strategy. He brings extensive knowledge of credit union and banking operations, plus has a proven track record of managing diverse debt solutions for commercial banking companies.
In his new role, Saad will be responsible for developing and implementing strategies to reduce earnings volatility through the establishment and enforcement of all credit policies. He is also tasked with improving asset quality by proactively directing the organization’s credit culture and practices as it fulfills its mission to be the trusted advisor that people turn to for unbiased financial guidance.
"We’re delighted to welcome Sam to our executive team," said Peter Rice, Hanscom FCU’s President and Chief Executive Officer. "He brings invaluable insight into our operations, along with a breadth of knowledge that we’re confident will help us further excel in providing superior service for our members. Furthermore, Sam exemplifies our five values in everything he does, from his daily interactions with members and colleagues to his decision making process. He consistently acts with fairness and honesty, ensuring that all members are treated with empathy and respect."