Peach State FCU President/CEO celebrates 30 year anniversary

LAWRENCEVILLE, GA (May 14, 2024) — Peach State FCU is excited to celebrate President/CEO Marshall Boutwell’s 30th anniversary with the credit union. In honor of his years of service, Peach State’s Board of Directors and Executive team created two $5,000 scholarships for veterans seeking to expand their education to enhance their long-term career opportunities. The Robert Marshall Boutwell Veteran’s Educational Scholarships will be funded through the Peach State FCU C.A.R.E.S. Foundation and available during the credit union’s 2025 Scholarship Program.

Boutwell, a North Carolina native raised in a military family, volunteered for the U.S. Army in 1967. He held several command and staff positions including Company Commander and Battalion Executive Officer. While serving in Vietnam, Boutwell was awarded the Distinguished Flying Cross, Bronze Star Medal, Purple Heart, twelve Air Medals, and the Vietnamese Cross of Gallantry.

He has been a leader in the credit union movement, holding numerous positions on boards and committees within the credit union industry. Boutwell’s dedication earned him the World Council of Credit Unions Distinguished Service Award in 2022, the prestigious Moses C. Davis Lifetime Achievement Award in 2015, and induction into the Credit Union House Hall of Leaders in 2013. Boutwell’s leadership has also garnered international recognition. He was the recipient of the Knights Cross of the Order of Merit from the Republic of Poland in 2021 and the Polish Credit Union Foundation “Feniks” Award in 2009 for his support of Polish credit unions.

“We could not be more grateful to have such a visionary and respected industry leader guiding us over the last 30 years. Marshall’s passion for helping our members and his commitment to the Peach State team are at the forefront of every decision he makes,” said David Welden, Chairman of Peach State’s Board of Directors. “Under his direction, Peach State has enjoyed astounding success; growing from $14 million to more than $933 million in total assets, over 70,000 members, a team of 200 plus employees, and 26 branch locations throughout Georgia and South Carolina.”

Pictured: Marshall Boutwell, Peach State FCU President/CEO

About Peach State Federal Credit Union

Peach State is a $933 million credit union that serves more than 70,000 members in Georgia and South Carolina. Operating as a not-for-profit financial cooperative, Peach State’s mission is to provide quality financial services that meet the needs and exceed the expectations of its member-owners. For more information about their products and services, visit The credit union’s passion for helping their members and community continue to grow guided them to create the Peach State FCU C.A.R.E.S. Foundation. To learn more about how Peach State cares, visit


Kristen Patton
SVP, Marketing
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