Argent Credit Union announces retirement of President/Chief Executive Officer

CHESTER, VA (July 19, 2018) — Argent Credit Union’s President and CEO, Rose Ellis Baggerly, has announced her plan to retire in early 2019.

“We are grateful for Rose’s leadership and her commitment to our members over the past 39 years,” said Gary Miller, Chairman of the Board of Directors. “We wish Rose all the best for her retirement and every success for everything that lies ahead.”

Baggerly joined the credit union in 1979 as a teller, when the credit union was known as DuPont Fibers Federal Credit Union.   She quickly worked her way up to running the credit union’s in-house computer system, and was a key contributor in the launch of IRAs and ATMs at Argent Credit Union.  She returned to school and pursued a Bachelor of Science in Finance from Virginia Commonwealth University, then assumed several roles with increasing responsibility, including, Comptroller, Vice President of Finance, and Executive Vice President, before stepping into the role of President and Chief Executive Officer in 1997. During her time as President and CEO, Baggerly guided the organization’s growth to over 23,000 members and assets of more than $240 million.

Baggerly’s commitment to the membership extends beyond the credit union walls, and she has served in many volunteer capacities for organizations dedicated to the credit union movement in Virginia.  Baggerly has served on the Board of the Virginia Credit Union League since 2011, most recently as Chairman of the Board.  She has also served on the supervisory committee for Virginia-based Credit Unions’ Corporate Credit Union, and has served on the Board of the Credit Union Service Company of Virginia for over 20 years.  Baggerly’s contributions to Argent Credit Union and the credit union movement was recognized this year when she was awarded Virginia credit union system’s highest individual honor, the James P. Kirsch Lifetime Achievement Award by the Virginia Credit Union League.

“Being a part of a credit union has provided me with such a unique opportunity to help people which I have found tremendously rewarding.  I have great admiration for my colleagues and all that we have achieved over the past 39 years.  Even as the industry has become more competitive, we haven’t lost sight of our cooperative roots or our mission. I have great confidence in the future success of the credit union in all of your capable hands,” said Rose.

Rose Ellis Baggerly

About Argent Credit Union

Founded in 1956 Argent is a member-owned financial cooperative.  The credit union provides a full line of financial products and services to anyone who lives, works, attends school, worships or volunteers in the Counties of Chesterfield, Henrico, Hanover and the City of Richmond.  Argent currently has over 23,000 members and $240,000,000 in assets.  For more information, visit their website at


Sallie P. McGee
Marketing Assistant
Marketing Department
Argent Credit Union
P.O. Box 72
Chester, VA. 23832
804-748-9488, Ext. 3366
FAX: 804-748-7388 

Richard “Rick” Crocker, Jr.
804-748-9488, ext. 3363

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