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Money One Federal Credit Union Announces Retirement of Long-Time CEO

Thu, May 2, 2013

Largo, Maryland

After 13 years at the helm of Money One Federal Credit Union, CEO Debra Connors has announced her retirement on June 30, 2013. Money One serves the employees of DC-area Safeway stores, as well as employees of several associated organizations.

Connors career has spanned over 30 years in the credit union movement, starting out as a Vice President at Capital Corporate Federal Credit Union. From there she moved into upper management and ultimately the CEO spot at a couple of DC-Area credit unions, landing at Money One in 2000. Named the Judith Bergin Professional of the Year in 2007 by the Maryland and DC Credit Union Association, Connors has represented the interests of credit unions on the Board of the MDDCCUA as well as other local organizations, and encouraged Money One FCU to be an original sponsor of the CU Cherry Blossom 10k Run, a part of the Credit Union Miracle Day Network which benefits Children’s Hospitals throughout the nation.  Through her efforts, Money One has also raised over $50,000 specifically for Children’s Hospital in Boston in the past eight years.

During her tenure at Money One, the credit union grew from $58 million assets and 11,000 members to $106 million assets and 12,700 members. The Kasasa national brand was launched in 2012; stagnant checking account growth increased by over 1,700 accounts. Connors also orchestrated a successful merger of KC Councils Federal Credit Union. In addition, Connors led the Credit Union to enhance its loan portfolio, technology and sales culture.

Plans are underway to name a successor within the next month.

About Money One

Money One Federal Credit Union is a not-for-profit, full-service financial institution, formed in 1951 and has 12,700 members. Money One is member owned and operated. Its only reason for existence is to help people do better financially. Visit MoneyOneFCU.org for more information.