PenFed Credit Union, one of the nation’s largest federal credit unions, today announced William “Bill” Heyer has been promoted to General Counsel effective immediately. As General Counsel, Bill is responsible for overseeing all legal risks, including corporate governance, compliance, litigation, and contract negotiation for the credit union, as well as coordination, oversight, and management of retained counsel.
“As CEO, I am proud to promote from within and recognize Bill as a tremendous asset to PenFed,” said PenFed Credit Union President/CEO James Schenck. “He is committed to providing valuable advice and counsel at every level of the credit union. Bill’s unmatched knowledge and experience in litigation, intellectual property, corporate governance, member issues, regulatory interpretation, labor and employment, and matters involving subsidiaries make him an exceptional leader.”
Bill succeeds PenFed’s previous General Counsel, Scott Lind, who retired after 40 years of legal counsel as an Army judge advocate and senior attorney for the Army before serving the last 12 years of his career as PenFed’s General Counsel.
During his 15 years at PenFed, Bill has held the positions of Director, Assistant General Counsel, and Vice President, Associate General Counsel and SVP, Deputy General Counsel. Prior to joining PenFed, he worked as in-house counsel for two companies specializing in consumer financial transactions. Bill earned a Juris Doctorate from the University of Richmond and a Bachelor of Arts from Randolph-Macon College.
