SUITLAND, Md. – Michael Hale, the long-time president and CEO of Andrews FCU has abruptly resigned as head of the state’s fourth largest credit union. No reason was given for the resignation.
The board of the $810 million credit union, based at Andrews Air Force Base, north of Washington, D.C., has named former NCUA Board member Deborah Matz as interim CEO. who Matz has served as Andrews’ chief operating officer since April 2006,
Hale has served as president of Andrews since 1996 and was CEO of Arizona FCU before that. He has served on the boards of the African American CU Coalition, CU Executives Society, PSCU Financial Services and America’s Credit Union Museum Foundation.
Matz was appointed to the NCUA Board by President Clinton and served on the panel from 2002 through 2005.
