David Frankil was appointed the new president/CEO of the NewJersey Credit Union League, the trade association's board said June3.

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He will replace Christian M. Abeel, who has been serving as theNew Jersey league's interim president/CEO after former leaguePresident/CEO Greg Michlig left in November 2015 to become CUNA'sdeputy chief engagement officer.

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Frankil of Charlotte, N.C., holds more than 35 years ofexperience in management, governmental affairs and in the creditunion industry.

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He served as president of Burns-Fazzi, Brock & Associatesand was president of NAFCU Services Corporation.

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During the 1990s, he was the CEO and co-founder VirtualCompliance, a software firm that developed regulatory compliancesystems and worked as director of government affairs for ChampionInternational Corp.

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“The league board is excited to have David with us,” LindaMcFadden, New Jersey League board chair and president/CEO of the$187 million Xcel Credit Union in Secaucus, N.J., said. “During theinterview process, he presented some innovative ideas to keep ourleague strong and viable well into the future.”

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Frankil plans to relocate to the Garden State with his family.His first day on the job will be June 27, the New Jersey league said.

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