The $245 million, 31,400-member AOD Federal Credit Union in Bynum, Ala., has named veteran credit union executive Richard Simonton Sr. as its new president and CEO.

Simonton most recently was serving as a conservatorship CEO for the NCUA where he began his financial services career as an examiner. He also has been a finance and merger consultant for credit unions and was CFO and CEO at the $453 million Insight Credit Union in Orlando, Fla., from 1993 to 2010.

“We are extremely pleased to have Rich joining the credit union, and we welcome him to the area” said Gordon “Doc” Williamson, board chairman for AOD FCU.

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