Maryland and District of Columbia Credit Union Association Inc.

08/26/2024 | News release | Distributed by Public on 08/26/2024 09:37

Jonathan Hefter Appointed Chief Financial Officer at HUD Federal Credit Union

HUD Federal Credit Union recently announced the appointment of Jonathan Hefter as its new Chief Financial Officer. With a proven track record of financial leadership and strategic planning, Hefter brings a wealth of experience and expertise to the credit union.

Hefter joins HUD Federal Credit Union after serving as Chief Financial Officer and Senior Vice President at Signal Financial Federal Credit Union. In this role, he led the organization through a comprehensive digital transformation, enhanced financial performance, and implemented strategic planning initiatives that resulted in significant growth and improved financial stability.

"I am thrilled to join HUD Federal Credit Union as Chief Financial Officer," said Hefter. "I look forward to working with the talented team here to drive growth, enhance member services, and increase profitability. Together, we will build on the strong foundation of 88 years of this credit union and continue to deliver exceptional value to our members."

With over 30 years of experience in financial management, Hefter has held key positions at various credit unions and financial institutions, including Signal Financial FCU, NIH Federal Credit Union, Damascus Community Bank, and Arlington Community FCU. He is renowned for his transparent and collaborative approach to financial leadership, and he has been awarded for his commitment to ethical standards and ability to drive results through improved financial reporting and strategic decision-making.

"We are excited to welcome Jonathan Hefter to the HUD Federal Credit Union family," said Otis Collins, Board Chairman of HUD Federal Credit Union. "His extensive experience and strategic vision will be invaluable as we continue to grow and serve our members nationwide. We are confident that he will make significant contributions to our organization."

Hefter holds a Master of Science in Accounting from Pace University's Lubin School of Business, an MBA in Finance & Investments from The George Washington University School of Business, and a Bachelor of Science in Finance from Bryant College.