ASE Credit Union Names Freeman as New Chief Executive

MONTGOMERY, Ala. — The Alabama State Employees (ASE) Credit Union has named Jared Freeman as its new chief executive officer, succeeding Ned McHenry, who will retire on Sept. 30, after 26 years of service at the CU.

Freeman formerly worked as the chief operations officer at Guardian Credit Union, in Montgomery.

Freeman graduated from the University of Mobile with both his undergraduate and graduate degrees in finance. He has also received numerous credit union-related certificates, including earning his pre-requisites as a Certified Lending Expert from California Southern University. Freeman also attended the University of Pennsylvania: The Wharton School's Professional Development Program.

"For 61 years, ASE Credit Union has provided excellent service to both its members and employees," Freeman said. "I look forward to continuing that tradition of great member service, while bringing new ideas and perspectives to keep ASE on the path of success."

McHenry said that Freeman "brings a lot to the table. His skills and energy will be great assets in leading the credit union forward."

As for McHenry, ASE said that he helped lead it through major changes, including opening the credit union's community charter, which greatly increased its membership; expanding locations to include the towns of Wetumpka, Millbrook, downtown Montgomery and Eastchase in Montgomery; and mushrooming ASE's asset size by 220%.

"My affiliation started in 1989 when I became a director on the board, and later became the CEO in 1999," McHenry said in a statement. "Throughout my tenure with this great credit union, I have enjoyed working with our members and being a part of the progress we have made together.

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