After over four decades of service to McCoy Federal Credit Union, President/CEO, Alvin J. Cowans will retire following a distinguished career dedicated to service and community impact.
Orlando, Fla. — McCoy Federal Credit Union announces the retirement of Alvin J. Cowans, President/CEO, following 43 years of service to the credit union, including 41 years as President/CEO. On Dec. 18, 2026, Mr. Cowans will conclude a distinguished career marked by steady executive leadership, deep commitment to the credit union movement, and meaningful service to the Central Florida community.
During his tenure as President/CEO, Cowans led McCoy Federal Credit Union through decades of growth and change while remaining focused on member service and community partnership. The Credit Union grew from $35 million in assets and two Orange County offices in 1985 to over $1 billion in assets and 15 locations across four Central Florida counties today – the result of his leadership, guidance, and vision.
Under his leadership, the Credit Union established a Partners in Education relationship with several Orange County Public Schools. The partnership has grown to include monetary donations, donations of school supplies, sponsorships, financial literacy for students, teacher appreciation days, and Christmas gifts for students each holiday season. He has taught financial literacy and given motivational presentations to students and adults throughout Central Florida. His commitment to community service inspires his Team to do the same for hundreds of nonprofits, schools, and churches each year.
“I’ve learned that being a servant leader requires listening more than speaking and understanding before acting,” said Cowans. “I’m so thankful to have been a part of transforming lives, helping build solid foundations for many who were in need, helping families, educating children, and creating stability for families and communities.”
“It has been an honor to serve McCoy Federal Credit Union and its members throughout my career,” said Cowans. “I am grateful for the employees, volunteers, community partners, and members who have made this journey so meaningful.”
Effective July 1, 2026, Ronald Nesbitt will serve as President of McCoy Federal Credit Union while Alvin Cowans retains the CEO title until his retirement. Mr. Nesbitt left his law firm and joined McCoy in September 2016 as Vice President of Risk Management. With his leadership, along with his capacity and willingness to learn all aspects of the Credit Union, he was promoted to the position of Executive Vice President in May 2023. It will be with Mr. Nesbitt’s dedicated commitment that McCoy Federal Credit Union will continue to grow and serve the Members and the various communities.
About McCoy Federal Credit Union
Since 1954, McCoy Federal Credit Union has been a source of financial strength for members. Through a portfolio of innovative financial products and services, along with a culture of exceptional service, the well-being of members, their families and the community always comes first. McCoy serves a membership of over 85,000 at 15 branches across Orange, Lake, Seminole and Osceola counties. At the heart of everything McCoy does is the belief that giving back is an essential part of doing business. Annually, the McCoy Cares program supports local schools, churches and charities through hundreds of events and sponsorships. Experience a better kind of banking with McCoy. For more information, visit www.mccoyfcu.org.
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