Four months after dropping a merger deal with the New Jersey Credit Union League, the Maryland and DC Credit Union Association announced Friday it has hired John Bratsakis, senior vice president at $1.5 billion Baxter CU in Vernon Hills, Ill. as its new president and CEO.

Bratsakis, who is a member of CUNA’s Governmental Affairs Committee, will fill a vacancy left by Michael Beall, who took the managerial helm at the Missouri Credit Union Association last year.

Bratsakis has been a director of the Illinois Credit Union League and Service Corporation for 10 years, including serving as chair from 2008-2010. From 1997-2007 Bratsakis was CEO of Community Trust CU in Gurnee, Ill.

Miguel Boluda Jr., chairman of the MDDCCUA and CEO of the Pan American Health Organization/World Health Organization FCU, said Bratsakis holds “a track record of success throughout his career and demonstrates a commitment to the industry that we feel makes him the perfect choice to lead our association and help our credit unions successfully navigate the future,”

The Maryland and New Jersey leagues had explored a merger but announced earlier this year they had decided against it.

“John will be instrumental in ensuring the success of MDDCCUA and its member credit unions for years to come,” said Boluda. The Maryland group represents 168 CUs in Maryland and the District of Columbia.

Instant Insights /

Maryland/DC League Hires Baxter CU Exec as New CEO

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