President/CEO Marsha Majors has retired from the $1.4 billion U.S. Eagle Federal Credit Union after 40 years of service to the Albuquerque, N.M.-based credit union, U.S. Eagle announced Thursday.
She was succeeded by Michael Moore, former EVP and CFO for the credit union, who officially took over the CEO helm Thursday. Majors is expected to continue to support Moore as he transitions into his new role, the credit union said.
“After 40 incredible years with U.S. Eagle, I have made the decision to retire,” Majors said in a prepared statement. “It has truly been an honor to serve our members and work alongside such an amazing team. Together, we have built a credit union that not only serves our communities but also values each and every employee. I cannot think of a more fulfilling 40 years than having an impact on the lives of others.”
Majors, who was the first African American woman to run a credit union with $1 billion or more in assets in the U.S., was honored with the African American Credit Union Coalition (AACUC) 2025 Pete Crear Lifetime Achievement Award this past summer. The award recognizes excellence in supporting the credit union philosophy of “People Helping People.”
When Majors joined the credit union 40 years ago, it operated under the name Albuquerque U.S. Employees Federal Credit Union and primarily served local government employees out of two branches in Albuquerque. Aside from changing its name to U.S. Eagle, the credit union’s evolution over the decades included expanding its membership beyond government workers, growing its footprint to 10 branches across New Mexico, and growing its member and employee base to more than 100,000 and 300, respectively.
Under Majors’ leadership, U.S. Eagle initiated a program that supports survivors of domestic violence, became the first credit union in New Mexico to make banking services available for cannabis-related businesses, and launched a program called “MOMMs” centered around meeting the needs of members of modest means, among other accomplishments.
“From championing financial well-being to fostering a culture rooted in trust, integrity, inclusivity and community, Marsha shaped not only our credit union’s success but also the lives of the members and employees who are at the center of everything we do,” U.S. Eagle Board Chair Kevin McMahon said in a prepared statement. “Under her vision, U.S. Eagle grew stronger, more innovative, and more connected to the communities we serve.”
New President/CEO Moore has been with U.S. Eagle for more than 16 years.
“It is an honor to continue Marsha’s legacy and lead U.S. Eagle Federal Credit Union into the next decade focusing on the financial wellness of our members, partnerships with the community and a companywide commitment to service,” Moore said.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.