The $426 million Direct Federal Credit Union in Needham, Mass., named Joseph Walsh its new president/CEO.
He succeeds David Breslin, who retired after 29 years leading the now 24,800-member Direct Federal. Walsh has been with Direct Federal for 23 years, most recently as SVP of lending.
"After conducting a nationwide search, we concluded that there simply was no other candidate who possessed Joe's insight, operational skills and leadership ability. It became clear to the entire board that Joe was the most qualified individual to move the organization forward," Dave Johnson, chairman of Direct Federal's board, said in the announcement Friday.
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