Virginia Beach Schools Federal Credit Union, a $95-million institution based in Virginia Beach, Va., announced that Sally W. Fontenot, president and CEO, will retire, effective June 30, with current EVP L. Brian Clark set to succeed her on July 1.
VBSFCU said that Fontenot's career at the credit union began in 1981 when she worked as its only collector.
"Under her capable leadership, our credit union weathered the economic storms of 2008 and remained steady amid the biggest financial downturn our country has experienced since the Great Depression," the credit union stated. "Sally has overseen the building of our main branch along with two branches."
Clark joined VBSFCU in 2001 and earned his master's degree in Business Administration from Old Dominion University.
