Bill Brooks departs after leading the credit union for eight years

Tamara Schiavone, the CFO of Mid-Atlantic Federal Credit Union for the last six years, has been promoted by the Board of Directors to CEO as of Aug. 1. She replaces Bill Brooks, who is departing after serving Mid-Atlantic FCU for eight years.

“I have been a credit union CFO for 30 years, and I’m excited about the opportunity to step up into the CEO role at Mid-Atlantic,” Schiavone said. “I have worked alongside Bill both here at Mid-Atlantic and at a previous credit union and learned so much from him. I thank him for his mentorship and stewardship and for his efforts in coordinating a smooth transition for our credit union.”

Regarding Schiavone’s elevation to CEO, Brooks commented, “It’s bittersweet to leave, as I’ve truly enjoyed my time at Mid-Atlantic. I can leave with confidence because I know I’m leaving the credit union in good hands.”

“We’re very excited to have Tami stepping up into the CEO role,” Mid-Atlantic FCU Board Chairman Randy Scritchfield said. “The board is also happy to wish Bill a fond farewell as he retires. He’s served Mid-Atlantic and the credit union community tirelessly, and he has earned it!”

With more than 30 years of experience in the financial services industry, Schiavone is dedicated to fostering financial well-being within Mid-Atlantic FCU’s Montgomery County, Md. field of membership.

Before coming to Mid-Atlantic Federal Credit Union in January 2018 to serve as CFO, she had been CFO at REALTORS Federal Credit Union for more than two years and at Lafayette Federal Credit Union for more than 21 years. She holds an MBA in Finance and a BSBA in Finance.