JACKSONVILLE, FL (March 3, 2020) — The Board of Directors of Jax Federal Credit Union today announced that Mary Svoboda will serve as the interim President and CEO.
Jax Federal Credit Union and President Joe Nowland have agreed to end their relationship, but each wishes to express appreciation for the positive direction of the Credit Union during Joe’s tenure. While Joe is leaving, he is doing so on good terms, with the support of JAXFCU. While JAXFCU appreciates Joe’s commitment and accomplishments, the Board of Directors and Joe reached the conclusion that they had different visions for the future of the organization, and have decided to part ways. The Board and staff of JAXFCU wish Joe Nowland the best, and are certain that he will continue his successful and rewarding career within the financial industry.
Mary Svoboda joined the credit union as COO in 2003. In 2017, the Board of Directors appointed her to the dual role of COO and CLO — a position designed to prepare the credit union for long-term growth and sustainability. She was recognized as one of the Jacksonville Business Journal’s “Women of Influence” in 2018. “Since the day Mary joined our executive team, she has earned the confidence of our employees, members and the Board of Directors,” said Charles T. McLeod, Jr., Chairman of the Jax Federal Credit Union Board of Directors. “We are grateful for her years of service to the credit union movement, and her dedication to the credit union as we move forward in exploring leadership options.” JAXFCU has many exciting strategic initiatives planned for 2020 that will enhance service to our members and improve the tools available to our staff. We look forward to a bright future.
Established in 1935, Jax Federal Credit Union serves over 39,000 members across Duval, Clay, St. Johns, Baker and Nassau Counties. Jax Federal Credit Union helps its members meet their financial needs through eight branch locations; a robust mobile and internet banking platform; and access to over 6,800 Shared Branching locations and nearly 30,000 surcharge-free ATMs nationwide. For more information, visit jaxfcu.org.
Media Contact:
Nan Kavanaugh
nan@wearewingard.com
904-415-0051
