LAKE MARY, Fla. – After 22 years with CFE Federal Credit Union, the last 19 as president and CEO, Joseph A. Melbourne, Jr., plans to retire effective March 31, 2017.
On Friday, CFE FCU said Kevin Miller has been selected by the board of directors to succeed Melbourne as the credit union's next president and CEO.
Under Melbourne's leadership, the credit union grew from $373 million in assets and 10 branches to nearly $1.7 billion with 22 branches, 42 ATMs, a 24/7 call center, and a suite of electronic channels including mobile banking with remote deposit capture.
CFE FCU said Melbourne was "instrumental" in converting the credit union in 2006 to a community-based charter to serve nearly 150,000 members in Central Florida. More recently, he has guided the credit union's strategic initiative to form partnerships with educational institutions in the market, including the University of Central Florida, the second largest university in the nation, Seminole State College and Strayer University.
Melbourne has served in a leadership capacity for both the credit union industry and the Central Florida community. His industry board service includes the League of Southeastern Credit Unions Service Group, Credit Union Service Corporation, Florida Credit Union Shared Services and the Cypress Group, among others. He currently serves on the UCF Foundation Board, and on the boards of A Gift For Teaching, Kids House of Seminole County and the Florida Hospital Diabetes Board.
Melbourne was selected as the Professional of the Year by the National Association of Federal Credit Unions (NAFCU) in 2005. He was recognized for his leadership in educational excellence by the Orange County School Board in 2007. In 2008, he received a lifetime achievement award as Professional of the Year from the Florida Credit Union League. In 2014, he was listed among the Orlando Business Journal's Central Florida CEOs of the Year.
"Joe Melbourne has led CFE to tremendous growth and a new standard of member service excellence during his tenure as president and CEO," Mary Lynn Williams, chair of the board of directors for CFE Federal Credit Union, said in a statement. "His leadership and vision have fueled CFE's corporate commitment to meet the needs of our growing membership, particularly younger members, by constantly evolving. The board wishes Joe and his family the very best in retirement."
Experienced Executive
Tapped to succeed Melbourne, Miller currently is executive vice president, chief administrative officer and general counsel for CFE.
Miller has served on numerous charitable boards in the community. He is currently a member of the board of the Foundation for Seminole State College and the board of Galileo School for Gifted Learning. He also serves on the Seminole County Public Schools Budget Review Committee and is a former chair of the Foundation for Seminole County Public Schools.
"We are fortunate to have Kevin S. Miller, a seasoned leader within CFE's senior management team, to continue our direction and momentum into the future," said Williams. "His passion for service, astute business acumen, and foresight will serve CFE well in the years to come."
Founded in 1937 by 23 educators, CFE Federal Credit Union serves more than 148,000 members via 22 full-service branches, five high school branches, and 42 ATM locations. Anyone who lives, works, worships, volunteers or attends school in Orange, Seminole, Osceola and Lake Counties may become a member. Qualified businesses and other entities may join as well.
