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U.S. Senate Federal Credit Union Names Timothy L. Anderson as Interim CEO

Published: July 19, 2019

U.S. Senate Federal Credit Union Names Timothy L. Anderson as Interim CEO

Timothy L. Anderson is named as the new Interim President and CEO of the United States Senate Federal Credit Union (USSFCU), a $964 million institution.  He replaces Kenneth Kramer who recently left the credit union. 

Mr. Anderson has a long history with USSFCU, most recently serving as the EVP and Chief Retail Officer prior to assuming the role of interim President and CEO.  He served on the USSFCU Board of Directors for over fifteen years in various capacities, including as Chairman of the Board.  He began his career with USSFCU as the Branch Manager of the flagship Hart Senate Office Building.

Mr. Anderson possesses over 30 years of senior executive and management experience at large banks and credit unions.  He was the CEO of the Government Printing Office Federal Credit Union in Washington, DC; a position he held for eight years prior to becoming EVP at USSFCU.  Other positions include VP and COO at American Spirit Federal Credit Union; VP and COO at the Treasury Department Federal Credit Union; VP of Operations at Equitable and Independence Banks; and, Assistant VP and Financial Center Manager at BB&T and M&T banks in the Washington, DC area.

Mr. Anderson has expansive professional experience.  He is an Engagement Advisory Group Member at the Credit Union National Association (CUNA), and a member on the Advocacy Committee for the Maryland & DC Credit Union Association (MDDCCUA).  He serves as a member on the Board of Directors and the immediate past Chairman for the African American Credit Union Coalition (AACUC).  He is past Chairman of USSFCU’s wholly-owned CUSO, Credit Union Strategic Services, which focuses on business loan participations and business loan originations.  Mr. Anderson is also a member of the Board of Directors at the Transportation Federal Credit Union for over 15 years.

Board Chair Ileana Garcia remarked, “We are fortunate to have Tim serve as our leader. We look forward to him leading our company and its valued employees into the future, while serving our wonderful Senate community.”

Mr. Anderson received his M.B.A. from the University of Maryland, University College and serves this institution as an Adjunct Professor in the Finance and Economics Department.

USSFCU has provided the U.S. Senate and the Capitol Hill community with superior financial services, stability and security since 1935. Since then, USSFCU has expanded its membership eligibility to over 100 different select employment groups.

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Members' Voice Testimonials

USSFCU puts members first and helps people. Compared to U.S. banks, which forget their humble beginnings and often behave like (they are) above the law. Credit unions seem to have maintained their purpose and USSFCU is among the best. I am proud to be a member and grateful for the service provided by USSFCU.

I've been a member for about 31 years now and I've always been able to count on the USSFCU when I've really needed them.

Excellent customer service. Staff are knowledgeable, responsive and able to provide individualized help. I live in another state and am still amazed how easy it is to use USSFCU for all my financial needs. It has always been this way and with technology solutions, it is easier than ever. But it is the personal assistance that really makes the diffe...

Been a member for a very long time. I have always been treated with kindness and expertise. Keep up the good work!

Love the phone calls regarding possible suspicious activity with my account. It's reassuring to know that everything is safe.

I would recommend the USSFCU based on the excellent customer service I have received from the Senate Credit unions I have visited (Eisenhower and GAO).

Accessibility and customer service have been exceptional. I have been a member for almost 40 years and have always been satisfied with the service and professionalism of the staff.

USSFCU cares about those who bank with it and that caring is not lip service but translates into action.

I have been with the credit union for almost 15 years and all in all am extremely pleased with the service I have gotten. Definitely better than any bank.

Very personable, solution based and takes in interest in your situation.

Unfailing service by dedicated staff. I feel that USSFCU has my back. Staff has gone to bat for me whenever needed. I'm not aware on any mistake or inconvenience in my 30 years of membership. Excellent long term leadership, continuity and service by board.

Easy to become a member and superb customer support. I dealt with two different USSFCU representatives and they were fantastic. I was able to reach them immediately or if they were tied up they contacted me as soon as they became available. They helped me open an IRA and answered any and all questions with great attitudes and professionalism. They ...

The credit union provides relatively good services and the security updates to the system are noticeable.

It took a matter of minutes to open the account and purchase a CD. The credit union that I have done business with for about 40 years took more than a week to close a joint account and transfer the funds to a new account when my husband died.

Outstanding online and mobile banking services. Professional, Courteous, knowledgeable responsive staff!

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