Kensington, Maryland – Signal Financial Federal Credit Union is pleased to announce the selection of Francois Verleysen as the credit union’s new President/Chief Executive Officer.

“We are excited to have Francois take on the role of President/CEO,” said Andrew Mekelburg, Chairman. “Francois has extensive operations and financial management experience and is just the individual to lead us on our continuing journey of growth and new opportunities for the credit union and our members.”

Francois has served as the Community Relations and Membership Development Executive Director at Bank-Fund Staff Federal Credit Union since 2007 and was previously the Vice President, Regional Manager at Provident Bank in Baltimore, Maryland. Francois has also served as the Senior Vice President, Retail Delivery and Senior Vice President, Personal Banking at Riggs Bank N.A. in Washington, D.C. Francois has over 32 years’ experience in the financial services industry and has held various executive level positions throughout his career. At Bank-Fund Staff FCU, he was instrumental in implementing strategic growth and service delivery plans and creating a successful member-centric corporate culture for the credit union. He worked to increase efficiency and productivity across all operations and significantly grew their membership, implementing a successful eBranch and 24/7 Communications Center at the credit union.

“Francois has many great ideas for continuing Signal Financial FCU’s history of growth and exceptional member service. His unique vision and drive will help lead us in finding new ways to serve our membership and meet their financial needs and expand our membership base,” said Andrew. “The Board is looking forward to seeing what the future holds for Signal Financial FCU under Francois’s leadership.”

Francois becomes only the fourth CEO in the credit union’s long history, succeeding Dan Stake, who served in that position for 31 years.

About Signal Financial Federal Credit Union

Established in 1947, Signal Financial FCU currently has assets over $323 million, 106 employees, and 26,000 members. It operates eight full-service branch offices in the Metropolitan DC area (MD, DC. & VA), and serves over 150 sponsor organizations, and individuals who live, work, worship or attend school in DC or in Prince George’s County, MD (inside the beltway). Certain family members and businesses (including their employees) are also eligible to join the credit union. In addition to Signal Financial FCU’s branch network, Signal conveniently serves its members by offering a variety of electronic services, directing members to over 2000 nationwide shared branches, or by providing members access to nearly 70,000 surcharge-free ATMs. For more information, please visit https://www.sfonline.org.