CEO of Andrews Federal Credit Union in Maryland to depart

Andrews Federal Credit Union CEO Jim Hayes is resigning from his current position as head of the institution.

The $2.2 billion-asset credit union headquartered in Suitland, Maryland announced Wednesday that Hayes is stepping down from his present role to pursue new professional opportunities.

“Jim Hayes provided superb leadership to Andrews Federal as CEO for the past nine years,” Dail Turner, chairman of the Andrews Federal board of directors, stated in the release. “We are thankful to Jim and the strong leadership he leaves behind. We look forward to cheering Jim on in the future as he moves onward to lead a larger financial institution.”

Kenneth Orgeron, who is the chief operating officer for the credit union, will serve as acting CEO upon Hayes’ departure. Orgeron has over 30 years of credit union experience and has been with Andrews Federal for more than seven years.

“We are also excited that Ken Orgeron will be our new Acting CEO,” Turner said. “Ken has been instrumental in the phenomenal growth at Andrews Federal. Ken is the ideal person to lead Andrews Federal at this time. We do not doubt that Andrews Federal will have a bright future with Ken Orgeron at its helm.”