News | Charlie Thomas Resigned from the Board of Directors
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Charlie Thomas Resigned from the Board of Directors

August 24, 2012

Former President and long time Board Member Charlie Thomas has officially resigned from our Board of Directors. For those of you who did not know Charlie, he served as the President and CEO of MAFCU for 32 years and a Board of Director since March of 1980. Under his direction and leadership, MAFCU grew in total assets from $4.1M in 1976 to over $200M in 2007.

His vision, dedication and passion for both this credit union and the credit union movement helped make MAFCU and our industry what it is today. It was Charlie's vision to make sure MAFCU was the first credit union in this area to formally do business loans.

Charlie said, in his letter to the Board,  that it was time for him to pursue other interests and wished the entire MAFCU family all  the best in the future.

The Board is conducting a county wide search for his replacement for the Board of Directors as well as a search for a new Supervisory Committee member.  If you are interested in either position please email us at or send information to MAFCU Attn: Board Search PO Box 2270 Germantown, MD 20875. 


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