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New credit union leadership announced. New credit union leadership announced. (Image: Shutterstock)

The board of directors for Empower Federal Credit Union in Syracuse, N.Y., named Brenda Carhart as interim president/CEO last week to succeed John Wakefield, who announced his retirement following 23 years of service.

During his CEO tenure, Empower’s assets grew from $177 million in 1999 to its current assets of $2.9 billion, while membership expanded from 20,211 in the first quarter of 1999 to 237,071 at the end of last year, according to NCUA Call Reports.

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Peter Strozniak


Credit Union Times

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