Press
Purdue Federal Names Edmundson Vice President of Audit and Compliance
West Lafayette, IN (May 21, 2013) Purdue Federal Credit Union (Purdue Federal) has announced the hiring of Kristen Edmundson as vice president of audit and compliance. In her position, Edmundson will be responsible for regulatory compliance and audits as well as act as Bank Secrecy Act compliance officer and Office of Foreign Asset Control officer.
“Security and stability of financial institutions is so important to America right now,” said Edmundson. “Greater Lafayette has a unique asset in Purdue Federal as a locally owned financial institution that is committed to the highest level of service, security and sophistication. It is my job to ensure the credit union can adapt to the changing federal requirements and security challenges in today’s world.”
A graduate of West Lafayette High School and Robert H. McKinney School of Law at Indiana University—Indianapolis, Edmundson most recently served as Deputy Attorney General for the State of Indiana in the Transportation Practice Group. Prior to her State position, Edmundson was an associate at a law firm in Indianapolis representing real estate developers, businesses and financial institutions in real estate transactions, lending and litigation.
Edmundson is elated to return to the community where she spent most of her childhood and looks forward to getting involved in local organizations.
About Purdue Federal
Purdue Federal Credit Union (Purdue Federal) was founded as Purdue Employees Federal Credit Union (PEFCU) on the Purdue University campus in 1969. In December 2010, PEFCU acquired Members United Federal Credit Union through a merger. At the time of merger, the credit union changed its name to Purdue Federal to better reflect its membership base, which includes students, faculty and staff, and communities where Purdue University and its regional campuses operate. Purdue Federal is a member-owned financial cooperative with more than 60,000 members nationwide and assets at more than $750 million.