TAMPA, Fla. – USF Credit Union (USF CU) is proud to announce that President and CEO Richard J. Skaggs has been reelected to serve a second term as Chair of the Board for The League of Credit Unions & Affiliates. Skaggs’ continued leadership reflects a strong commitment to advancing the credit union movement across Alabama, Florida, Georgia and Virginia, where the League represents 381 credit unions and more than 32.7 million members with a combined $453.6 billion in assets.
His reelection was announced during the League’s record-breaking ENGAGE 2025 Conference, held in Orlando, Florida, where more than 1,300 credit union leaders, volunteers, professionals and vendors gathered to share insights, forge partnerships and shape the future of cooperative finance.
“It’s an honor to once again serve as Chair of the Board for an organization that embodies people helping people,” said Skaggs. “At USF CU, we strive to lead with heart in every decision we make – supporting our members, empowering our team and staying grounded in our mission to improve lives through financial inclusion and innovation. I’m grateful for the opportunity to continue this important work alongside such dedicated leaders.”
Skaggs brings more than 30 years of executive leadership in financial services, including the past 15 years as President and CEO of USF CU, which serves 77,000 members and manages $1.3 billion in assets. Under his direction, USF CU has grown into one of the nation’s top-performing credit unions, recognized for its service to students, faculty, staff and alumni of the University of South Florida, as well as communities throughout the Tampa Bay region.
As Chair of the Board, Skaggs will continue to help guide the League’s strategy to elevate the credit union movement through advocacy, member impact and innovation. The League provides a platform for collaboration, policy engagement and shared services designed to strengthen the entire credit union ecosystem.
“Rick’s passion, integrity, and decades of experience empower us to move forward with vision and purpose. Rick’s reelection as Chair is a testament to the deep trust and respect he has earned from credit union leaders across our four-state footprint,” shared Samantha A.M. Beeler, president of The League of Credit Unions & Affiliates. “Under his leadership, we’ve expanded our reach, strengthened collaboration, and elevated our impact on behalf of our members. A major milestone during his tenure was welcoming Virginia’s credit unions into The League, adding 98 institutions, $273 billion in assets, and 20.6 million members to our collective voice. I’m excited to see the continued progress and innovation his leadership will bring in the term ahead.”
About USF Credit Union (USF CU)
Membership at USF CU is open to everyone looking for reimagined banking with purpose!
USF Credit Union is a full-service financial institution committed to providing exceptional financial services to its members. Believing in the credit union philosophy of “people helping people,” USF CU strives to be the most influential financial partner in its members’ lives. For more information and to join the credit union, please visit USFCU.com.
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