Leading the Fayetteville-based credit union with $110 million in total assets, CEO/President of Bragg Mutual Federal Credit Union Steve Foley is being recognized as CEO of the Year among credit unions under $250 million in assets.
Elected by the National Association of Federally-Insured Credit Unions Awards Committee, Foley is being recognized for his vision, leadership and management that has led to 107 percent growth from 2018 to 2022.
“We knew when we hired Steve four years ago, we had someone who would lead our credit union to new levels of success,” Bragg Mutual Chairman John Szoka shared in a press release. “His dedicated efforts are reflected in the continued success of Bragg Mutual FCU demonstrating thoughtful leadership skills, as well as developing new ideas that are beneficial to our organization's growth.”
Under Foley’s direction, the credit union upgraded digital banking services, expanded the Field of Membership, diversified the loan portfolio, reduced expenses, and placed a stronger commitment to compliance. Additionally, the credit union has seen an increased focus on employees, from quality education and training to an emphasis on outstanding member service to fostering a culture of teamwork. As a result of this extra investment in employee success, the credit union has seen record loan and asset growth during the past two years.
To wrap up the first day, attendees were able to meet up for a social event at the Brad Halling American Whiskey Ko. in Southern Pines where a $10,000 check was presented to the Joint Special Operations Foundation for their scholarship fund. Photo pr
The three-story, 200,000 square-foot business incubator space is located at 420 Maiden Lane. The building features an elevator, construction has begun on handicap bathrooms for the first floor and the second and third floors feature window walls offering views of Segra Stadium.
Image provided by FTCCFocused on building the local workforce and streamlining the education process through real world learning, the Hope, Opportunity, Prosperity through Education Program at Fayetteville Technical Community College (FTCC), also kno