Summit Credit Union announces new SVP/CFO
GREENSBORO, NC (September 10, 2020) — Derek Williamson has been named as Summit Credit Union’s new Senior Vice President/Chief Financial Officer effective Monday, August 3, 2020. The executive search was conducted by Credit Union Resources.
Williamson received an MBA from Southern Nazarene University as well as a bachelor of science in finance from Oklahoma State University. Previously the Chief Financial Officer at The Society of Exploration Geophysicists in Tulsa, Oklahoma, Williamson was responsible for overseeing the accounting and finance teams, managing a $16 million budget, and creating business analytics and dashboards. During his leadership at the organization, Williamson introduced efficiencies in operations and processes.
Prior to working at The Society of Exploration Geophysicists, Williamson was the Chief Financial Officer at Tulsa Technology Center in Tulsa, Oklahoma, where he led the strategic initiative team aimed at advancing financial understanding throughout the organization. Williamson managed a $140 million budget, facilitated $55 million in financing for construction, and oversaw the implementation of new financial software at the organization.
With over 20 years of finance and accounting experience, Williamson is recognized in the industry for his strategic leadership and extensive experience in vendor management, asset-liability management, and back-office operations.
“I’m excited to join Summit Credit Union and return to the credit union industry. Summit Credit Union is a strong organization, providing great service to its membership. And, I’m honored to have been chosen to continue that tradition”, says Derek Williamson.
Williamson will help Summit Credit Union continue its mission of partnering for their members financial success through fast and accurate service by people who care. “Derek makes use of a variety of career experiences, including over 12 years in the credit union industry. After talking with past directors and peers, we are confident Derek is the right person to help us continue to serve our members through a position of financial strength and operational excellence,” says Sam Whitehurst, President and CEO of Summit Credit Union.
About Summit Credit Union (NC)
Summit Credit Union was established in 1935 and is a full-service not-for-profit financial cooperative, providing services to employees at over 300 companies throughout North Carolina. It has about 37,000 members and approximately $338 million in assets. Summit Credit Union
offers a full portfolio of personal financial products, including checking accounts, debit cards, credit cards, online banking, direct deposit, mobile app, ATMs, and more.
For more information, visit SummitCU.org and follow us on Facebook, Instagram, Twitter, and LinkedIn.