LAUREL, Md. – Market USA FCU, credit union for Giant Foods and several other supermarket chains, announced the retirement of Robert McClosky as its president and CEO and the promotion of its executive vice president since 1994, Laura Hassan, to succeed him.
McClosky served as Market USA’s top executive since 2002. During his time as CEO, the credit union opened a new headquarters in Laurel, Md., had three successful mergers with Bi-Lo CU, Epworth FCU, and, most recently, National Capital FCU, increasing its assets to almost $100 million.
McClosky was CEO of Maryland’s Comstar FCU from 1986 to 2002.
Hassan has served as the Executive Vice President of Market USA since January 1994. Hassan has an MBA and also graduated from CUNA Management School with Honors. Hassan was awarded the designation of Certified Credit Union Executive (CCUE). Before coming to Market USA, Hassan worked in the commercial banking industry.
Doug Drury, the CFO of Market USA, will assume the number two position. Drury has been with the credit union since September 2000 and worked more than 10 years with the credit union’s original sponsor, Giant Food.
