Member One FCU's First CEO Retires

ROANOKE, Va. -- After 36 years Member One Federal Credit Union CEO Dick Williams is retiring.

As the credit union's first CEO, Williams helped the credit union, then called Norfolk & Western CU, grow from $2.8 million in assets serving 1,500 members, to $355 million in assets serving 52,500 members. In addition, the credit union staff has grown from six to 180 and branch locations to 15.

The board has recently appointed Frank G. Carter as the new president/CEO. Prior to joining Member One FCU, Carter was the senior vice president of Tampa, Fla.-based Grow Financial Federal Credit Union, where he managed several of the operational areas supporting the credit union's 18 branch locations. Carter was also responsible for the $1.8 billion credit union's marketing and community involvement, overseeing the development and execution of a new brand strategy transforming MacDill FCU into Grow Financial.

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