Market USA Federal Credit Union in Laurel, Md., has promoted Executive Vice President Laura Hassan to president/CEO.
She succeeds Robert McClosky, who retired on Dec. 31. During his tenure, Market USA FCU built a new headquarters and merged with Bi-Lo CU, Epworth FCU and most recently, National Capital FCU, which helped increase Market USA FCU’s assets to nearly $100 million.
The credit union also expanded its offerings to include first mortgages, investment products, courtesy overdraft and Fresh Start loans and checking. Prior to joining Market USA FCU, McClosky served as CEO at Comstar FCU from 1986 to 2002.
Hassan has served as the executive vice president of Market USA FCU since January 1994. She has an MBA and graduated from CUNA Management School.