The board of directors of the Educational Systems Federal Credit Union in Greenbelt, Maryland, announced that Girado Smith will become its new president/CEO next year.
He will succeed chairman and chief executive Chris Conway, who plans to retire in early 2023 after 25 years of service.
After joining Educational Systems FCU in 1998 as COO, Conway was named President/CEO in 2007. During his tenure, credit union assets grew from $230 million to $1.2 billion. , while loans increased from $148 million to $745 million and membership grew from 32,637 to 85,827, according to NCUA appeals reports.
Conway’s career in credit unions was launched at Montgomery County Teachers’ FCU in 1989, where he held a variety of positions and leadership roles. After becoming CEO of Educational Systems FCU, he led the merger of the two credit unions in 2012.
“I have had the privilege of serving our credit union and the education community for decades. We have continued to grow by focusing on our vision to be the premier provider of financial services for the educational community,” Conway said in a prepared statement. “I am grateful to have been part of the FCU Education Systems team for so many years. Our exceptional volunteers and employees make a difference every day and we have accomplished so much together.
Conway’s successor is a CPA, currently executive vice president and chief financial officer. Smith joined the Education Systems FCU in 1998.
“We are proud of our outstanding performance under Chris Conway’s leadership, and look forward to continued growth and success with Girado Smith in the years to come,” said Alonia Sharps, Chairman of the Board of Directors of Educational Systems FCU, in a prepared statement.
The credit union’s 195 employees serve members who work in eight school systems and three community colleges.
In Illinois, Matthew Parrot has been named president and CEO of SIUE Credit Union in Edwardsville.
He succeeds Kathy McKinnon who retired on June 30 after 38 years of service.
Before joining SUIE CU in 1984 as assistant manager, McKinnon was 16 when she started working at American Steel CU in Granite City where her mother was the manager, according to a profile post about McKinnon published by the ‘Illinois Credit Union League. Mom and daughter worked together for 12 years until the credit union was merged.
McKinnon was named President/CEO of SUIE CU in 2006. During her tenure, credit union assets grew from $10 million to $30.7 million, while loans grew from 5, $4 million to $9.4 million, according to NCUA Call Reports.
Parrot, who has more than 14 years of financial services experience, previously served as vice president of member experience and chief marketing officer at the $199 million Midwest Member Credit Union in Wood River. , Illinois. He also served as chief marketing officer for $1.6 billion. Scott Credit Union in Edwardsville, Illinois, and as business development manager and consumer loan underwriter for the $455 million GCS Credit Union in Granite City, Illinois, according to his LinkedIn professional profile page.
SIUE CU’s five employees serve more than 1,700 members.