The Dow Louisiana Federal Credit Union board of directors last week announced the selection of Richard Williams as the credit union’s new CEO.
Williams previously served as CEO of Securityplus Federal Credit Union, a $360 million federally chartered credit union with 32,000 members based in Baltimore. Dow Louisiana FCU is based in Plaquemine, La., has $245 million in assets and serves more than 24,000 members.
The credit union said Williams has a track record of improving earnings, adding additional products and services and implementing new technology. He has served in variety of senior management roles related to commercial, consumer and mortgage lending. In addition to his lending background, Williams has also managed and developed retail banking operations.
Williams holds a bachelor’s in business administration, finance from the Ohio State University. “I am excited to have the opportunity to serve as DLFCU’s CEO and become a part of the Baton Rouge community. As a community chartered credit union, DLFCU has been a trusted financial partner in this community, and I am looking forward to continuing that success. The warm weather, good food and southern hospitality are certainly something I will enjoy getting used to,” said Williams.