Congressional Federal Credit Union names Cory Montez Hairston new President/Chief Executive Officer
OAKTON, VA (October 26, 2022) — Congressional Federal Credit Union is pleased to announce the selection of Cory Montez Hairston as the credit union’s new President and Chief Executive Officer.
“The Board of Directors is very excited to welcome Montez as our new President and CEO,” said James Kaelin, Chairman of the Board of Directors. “Montez brings a wealth of experience to the table and we are looking forward to the continued growth and success of the credit union under his leadership.” Mr. Kaelin also commended Montez for his service as the Interim President & CEO during the past year: “Our longtime VP of Internal Audit has served as interim CEO during the past year. His outstanding management of CFCU during this time ensured that services to our members continued uninterrupted.”
With Congressional Federal Credit Union having received approval from the NCUA to expand its charter in the underserved Southeast Washington D.C. area, Mr. Hairston will be leading the organization into a new era of service to both Capitol Hill and those who live, work, and worship nearby. Coupling increased technological capabilities with personalized service, the credit union is working with community partners to establish a future site for a new local branch under Mr. Hairston’s guidance. “Above all, we are committed to being a positive force in the community we serve,” Mr. Hairston said.
Hairston has over 25 years of experience in credit unions, finance and accounting. He has been with CFCU for 17 years. Prior to his time at CFCU, Mr. Hairston served as the Manager of Internal Audit for Community Bank of Northern Virginia for five years, also serving as an examiner. Mr. Hairston has a Bachelor of Science degree in Business Administration with a concentration in Accounting from Longwood University (formerly Longwood College). When asked about his new position, Hairston stated, ” I am extremely appreciative of the opportunity to continue fulfilling Congressional’s commitment to our members, staff, and surrounding community. “
About Congressional Federal Credit Union
Congressional Federal Credit Union was started by eight congressional employees in July 1953, with $40 in deposits. From those humble roots, Congressional has grown to 47,000 members with over $1.2 billion in asset size. Congressional Federal's mission has always been to help the people that serve on Capitol Hill achieve their financial goals by offering a wide range of financial services to their members