After 15 years of service, Kathleen Crelot retired last week as president/CEO of the $102 million Finger Lakes Federal Credit Union in Geneva, N.Y.
She will be replaced by Robert McFadden as the new president/CEO Jan.1, according to a statement from the credit union's board of directors.
McFadden joined Finger Lakes six years ago and now serves as its EVP of retail operations.
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Crelot's career in the credit union industry spans 35 years, according to Finger Lakes.
During her tenure as president/CEO, the credit union more than doubled in size, reaching $102 million in assets this year.
"Kathy has been an invaluable asset to the credit union and to the community," Bob Stivers, chair of the Finger Lakes FCU's board of directors, said in a prepared statement. "She has instilled her knowledge, work ethic, and family oriented attitude into the staff, board, and members to keep the credit union on track for years to come."
Crelot also served in active and reserve military duty, retiring in 2002 from the United States Navy as a chief warrant officer 2, USNR-R in the supply corps.
She was awarded four Navy and Marine Corp Achievement Medals from the Secretary of the Navy for exemplary service.
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Peter Strozniak
Credit Union Times reporter covering credit union operations, fraud, M&As, leagues, business continuity, and breaking news.
