The Maryland and D.C. Credit Union Association has hired an Illinois credit union executive to take over as CEO in October.
The appointment of John Bratsakis, senior vice president at the $1.5 billion Baxter Credit Union in Vernon Hills, comes five months after the trade group dropped a proposed merger with the New Jersey Credit Union League.
As CEO, Bratsakis, who is a member of CUNA’s governmental affairs committee, will fill a vacancy left by Michael Beall, who took the managerial helm at the Missouri Credit Union Association last year.
Bratsakis has been a director of the Illinois Credit Union League and its service corporation for 10 years, serving as chair from 2008 to 2010. From 1997 to 2007, Bratsakis was CEO of Community Trust CU in Gurnee, Ill.
In announcing the appointment, Miguel Boluda Jr., chairman of the league and CEO of the Pan American Health Organization/World Health Organization FCU, said Bratsakis holds “a track record of success throughout his career and demonstrates a commitment to the industry that we feel makes him the perfect choice to lead our association and help our credit unions successfully navigate the future,”
Last June, MDCUA entertained the idea of a merger with its New Jersey counterpart, but the two sides decided for reasons not formally explained to go their separate ways.
“John will be instrumental in ensuring the success of MDDCCUA and its member credit unions for years to come,” said Boluda. The Maryland group represents 168 CUs in Maryland and DC.