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CU System
MDDCCUA names Jennifer Simmons as interim CEO
COLUMBIA, Md. (9/24/10)--Jennifer Simmons, with 20 years of credit union industry experience, has been named interim president/CEO of the Maryland and the District of Columbia Credit Union Association (MDDCCUA), announced the association's board of directors. Simmons' appointment will be effective Sept. 27. She will lead the organization from its headquarters in Columbia, Md., until a successor to outgoing MDDCCUA CEO Mike Beall is chosen. Simmons, who has been with the association since June 2006, currently serves as chief membership officer. Prior to her employment, she held management positions at Signal Financial FCU and was on the staff of NIH FCU and Montgomery County Teachers. Beall will remain as adviser to Simmons and the board through Oct. 22. He is leaving to become president/CEO of the Missouri Credit Union Association upon the retirement of Rosie Holub. The MDDCCUA board chose Simmons to lead the transition "because of her deep knowledge of area credit union leaders, her strong stewardship of the organization's strategic plan, and her ability to manage the staff to continue a strong level of service during this crucial time for credit unions," said MDDCCUA Chairman Miguel Boluda. Simmons pledged "to continue to help credit unions in the Maryland/D.C. region as they navigate the challenges of the economy and the current legislative and regulatory environment. "MDDCCUA will be starting its fall cooperative advertising effort, holding its Volunteer Leadership Conference and proceeding with budget and strategic efforts," she added. MDDCCUA said it has signed a contract with D. Hilton Associates, an industry executive search firm for the search for a new CEO. It will be taking steps on the search process over the next several weeks.


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