Fri, Jul 7, 2017
The credit union movement lost one of its icons this week. Robert “Bob” Marquette, CEO of Members 1st FCU in Pennsylvania, died unexpectedly on July 2.
Marquette worked for Members 1st Federal Credit Union for more than 31 years, serving as CEO for 20. Under his leadership, the credit union grew from $400 million to its current asset total of $3.6 billion, with 60 branches and more than 365,000 members. Marquette also helped grow the credit union’s employment from 150 associates in 1986, to more than 1,000 today.
He also steered the credit union toward community service, giving in excess of 5,000 volunteer hours and participating in more than 350 community and charitable events annually. Members 1st FCU is a long-standing supporter of the Credit Union Cherry Blossom Run and its volunteers have worked for many years as course marshals.
Marquette was a vocal advocate of credit union issues at the state and national level and was committed to preserving and defending the credit union movement for the benefit of all Americans. He gained prominence in Central Pennsylvania as the star in Members 1st TV commercials, where he often appeared dressed in a red-and-white superhero costume.
Marquette received many awards including: CEO of Year from NAFCU, The Keystone Award from the Pennsylvania Credit Union Association and most recently the Credit Union of the Year Award and the White Hat Award at NAFCU’s Annual Convention in June.
To continue his legacy and support the philanthropic causes Marquette was passionate about, memorial contributions may be made to the Bob Marquette Memorial Fund, c/o Members 1st Federal Credit Union, 5000 Louise Drive, P.O. Box 40, Mechanicsburg, PA 17055. Some of the organizations and charities that will benefit from this fund will be The Ronald McDonald House, Children's Miracle Network, The National MS Society, Rotary Club of Carlisle's Kenya Village Projects, and the Zion Lutheran Church in Trevorton