News | Andrew P. Russell Named New President and CEO

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Andrew P. Russell Named New President and CEO


Andrew Russell

Andrew P. Russell Named New President and CEO of Mid-Atlantic Federal Credit Union

Germantown, MD –  Andrew P. Russell, former Financial Services Executive, has been named the new President and CEO for Mid-Atlantic Federal Credit Union (MAFCU) based in Germantown, MD.  As CEO, Russell will also serve as Chairman of the Board of Directors for Mid-Atlantic Financial Partners, LLC's Credit Union Service Organization (CUSO).

As a former member of the U.S. Navy, U.S. Army Reserves, and a seasoned veteran of the private banking industry, Russell aims to use his expertise in banking and service to the community to further strengthen MAFCU's presence in the region. "The Credit Union Movement has been revolutionizing the financial services industry for over 100 years, leading the way in member centered value creating strategies. I am honored for the opportunity to lead MAFCU and to join the credit union movement which is all about enhancing our communities and members experience in a safe, sound, and secure manner." 

Russell began his banking career in 1994 in Louisville, Kentucky, later joining PNC Bank in 2001 where he served as Executive Vice President, and Head of the Business Banking Group of the Greater Washington D.C.  Since then, Russell has also served as Executive Vice President, Director of the Business Bank Wholesale Group in Georgia and Florida (CertusBank) and Senior Vice President and Corporate Relationship Manager (BBVA Compass) prior to taking on his role as President and CEO of MAFCU this year.

Service to the community has been a priority for Russell throughout his career.  "I am a firm believer that leaders with a sense of civic engagement give back to the community and show the way for others in creating a better future for all. The MAFCU team has and will continue to serve, give back, and contribute to the Montgomery County Region." Among his most recent community leadership roles include serving as a voting member of the City of Jacksonville Public Service Grant Council, President and CEO of the First Coast Hispanic Chamber of Commerce, member of the Jacksonville Regional Chamber's Logistics Committee, and the Board of Directors of Northeast Florida Junior Achievement.  Russell has also served on the Board of Directors and Executive Committee of the Fairfax County Chamber of Commerce, the Board of Directors of Pittsburgh's Urban League, Board of Directors Leadership Pittsburgh, and the Board of Trustees of the Community College Allegheny County.  He was an adviser to the Pittsburgh Metropolitan Hispanic Chamber of Commerce Board of Directors and is the founding Chairman of the Greater Pittsburgh Diversity Festival.

Russell received his bachelor's degree from The University of the State of New York (currently Excelsior College) and a master's degree from Troy State University.  Russell is a graduate of the Consumers Bankers Association Graduate School of Retail Bank Management at the University of Virginia, received his Lean Six Sigma Black Belt Certification from the University of South Carolina, and completed advanced studies from the American Bankers Association in Commercial and Consumer Lending.

Andrew P. Russell is Venezuelan-American, a former member of the United States Navy, and a retired Captain in the field of Armor with the United States Army Reserves.

About MAFCU:

Based in Germantown, Md., Mid-Atlantic Federal Credit Union (MAFCU) is a not-for-profit institution managed for the sole benefit of its members, and offers many financial services at better rates and fees. Profits are returned to MAFCU members in the form of higher savings rates, lower loan rates, and lower fees.  MAFCU currently has over 25,000 members and over $270 million in assets. Membership is open to anyone who lives, works, worships, volunteers or attends school in Montgomery Country, Maryland. For more information, please visit, email or call: (301) 944-1800.


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