HERNDON, Va.–Northwest FCU has promoted Erin Krause to Senior Vice President of Lending. Krause has been the Vice President of Lending since 2011 and has been employed with the credit union for over 38 years.
“It is my distinct pleasure to announce the promotion of Erin Krause to the position of Senior Vice President of Lending,” said Northwest Federal’s President and CEO, Jeff Bentley. “Erin has provided strategic oversight for our lending programs and has consistently provided discerning feedback on our lending products with the sole purpose of enhancing member value. The executive team looks forward to working with her in this new role.”
Krause was instrumental in creating and implementing the first mortgage program at the credit union in 2000, which is now one of the largest credit union mortgage lending and servicing programs in the nation. She has an extensive career with Northwest Federal, including managing mortgage lending, consumer lending, member solutions and indirect lending.
In her new role as Senior Vice President of Lending, Krause will be responsible for the leadership and direction of Northwest Federal’s loan operations and loan servicing functions. Krause’s previous experience and members first philosophy will guide her decision making in her new role as she seeks to expand Northwest Federal’s lending footprint, as well as products and services to members.
“I am excited for this opportunity and I am confident that Northwest Federal will continue our mission to become the lifetime financial partner for our member-owners, delivering loan products and services for all stages of their lives,” said Krause.