The $2.3 billion, 117,000-member Northwest Federal Credit Union in Herndon, Va., has named Chris McDonald as its new president/CEO.
McDonald has been president/CEO of the $897 million, 98,700-member Andrews FCU in Suitland, Md., for the past four years.
He is expected to join NWFCU in September, joining retiring CEO Gerrianne “Winky” Burks for three months before she ends her 41-year career with the suburban Washington credit union.
“The board is looking forward to having Chris McDonald join NWFCU,” said Chairman Tom Conroy. “His proven track record and solid reputation in the industry speak very highly to his professional capabilities and to the leadership he will provide Northwest Federal Credit Union in the future.”
McDonald has more than 28 years of credit union experience including as a state regulator and as executive vice president and vice president of information systems at First Community Credit Union in Houston, NWFCU said.
He had been president/CEO of the MobilOil FCU in Jasper, Texas, for eight years when he was hired in 2008 by Andrews FCU.
“I have known Winky Burks for several years and have seen NWFCU progress and grow under her leadership,” McDonald said.
“I have tremendous respect for Winky and for the outstanding legacy she has built. I anticipate a smooth transition and the continuation of the traditions of great service and financial strength that Northwest members expect,” he said.