Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MEMPHIS – The $550 million Memphis Area Teachers’ CU found its new CEO within its own walls. MATCU has named its executive vice president Carlos Webb as its new CEO. Webb replaces the venerable Ray Algee, who spent 10 years as CEO of MATCU. “Sometimes when a change of leadership is precipitated by the retirement of a highly capable CEO, others within the organization must search far and wide for a successor they believe will be able to lead the organization..We are very fortunate that Carlos Webb has been a part of the MATCU family, and a key leader within our organization, for many years,” said MATCU Chairwoman M.P. Carter. Webb has been with MATCU for 20 years and has 30 years of financial industry experience.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.