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News Now

CU System
Conway to lead MDDCCUA merger due diligence committee
COLUMBIA, Md. (3/21/11)--Chris Conway, president/CEO of Educational Systems FCU, Greenbelt, Md., will chair a five-member committee to lead a merger due diligence review for the Maryland and District of Columbia Credit Union Association (MDDCCUA) related to its potential merger with the New Jersey Credit Union League. MDDCCUA Board Chairman Miguel Boluda tapped Conway to lead the ad hoc committee, said the association. Others named to the committee are:
* Rob Windsor, CEO of First Financial FCU, Lutherville, Md.; * Theresa Mann, CEO of The Partnership FCU, Arlington, Va.; * Marsha King, CEO of Library of Congress FCU, Hyattsville, Md.; and * Lois Profili, CEO of First Eagle FCU, Owings Mills, Md.
As part of the due diligence effort, Conway said he plans to hold a series of focus groups with the affiliated credit unions so that the committee may better understand what their concerns and desires are regarding the creation of a regional association. “This is all about listening to our constituents, understanding what the deal breakers are, and ensuring two-way communication as we negotiate our way to the final recommendations to the membership. My goal is to have a general idea of what this new association would look like and a clear understanding of the desire of Maryland and D.C. credit unions to move forward by our annual meeting in June,” Conway said.


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