SANTA ANA, CA (March 12, 2014) -- SchoolsFirst Federal Credit Union announced today the selection of Bill Cheney as the new President/Chief Executive Officer (CEO).
Mr. Cheney brings more than 25 years of experience working with credit unions. For the past four years he served as CEO of Credit Union National Association, the national trade association serving America’s credit unions, as well as president of the National Credit Union Foundation and president of Credit Union House in Washington, D.C. Bill previously held several leadership positions with credit unions at the state and local level, including Security Service Federal Credit Union in Texas and Xceed Financial Credit Union (formerly Xerox Federal Credit Union) in California. He earned his BBA at The University of Texas and completed the Advanced Leadership Institute at Harvard Business School and the CUES Director’s Leadership Institute at the London Business School.
“Bill Cheney is a proven leader and will be a great asset to SchoolsFirst FCU. We are confident he will elevate the Credit Union to new levels of growth and excellence in serving our Members,” said Adam O’Connor, Chairman of the Board of SchoolsFirst FCU, who, along with the entire Board of Directors, led the search for a new CEO.
“SchoolsFirst has always had an incredible reputation as an industry leader with great financial performance and an extraordinary commitment to Member Service. I’m looking forward to continuing that legacy and building a new era of growth and success,” said Bill Cheney.
Bill replaces long-time CEO Rudy Hanley, who served as President/CEO of SchoolsFirst FCU for the past 31 years and announced his retirement in October. “Bill has been an admired peer for many years and I’m excited to work with him in making this transition,” said Rudy.
About SchoolsFirst FCU
SchoolsFirst FCU, formerly Orange County Teachers Federal Credit Union, was founded in 1934 by 125 school employees who pooled $1,200 to establish a financial institution to help improve one another’s lives. For 80 years, the not-for-profit Credit Union has remained rooted in the philosophy of “people helping people.”
Today, SchoolsFirst FCU is the nation’s largest educational credit union, with more than 585,000 Members, $10 billion in assets, and more than 40 service locations in Southern California. Originally based in Orange County, the Credit Union now operates in 10 counties throughout Southern California, providing school employees and their families with World-Class Personal Service and financial security.
For additional information about SchoolsFirst FCU visit schoolsfirstfcu.org.