(CHARLESTON, S.C.) – 8/23/17 – Scott Woods, President and CEO of the $1.6 billion South Carolina Federal Credit Union has been elected to the open Credit Union National Association (CUNA) Class C Board Seat. Class C representatives are elected at-large nationally and include those credit unions with more than 141,000 members.
CUNA is the largest, national trade association in the United States serving America's credit unions. The not-for-profit trade group represents over 100 million members of the nearly 7,000 credit unions it serves. Volunteer directors are elected by their credit union peers from across the nation.
"It is an honor to assume this role and represent our industry," said Scott Woods. "I look forward to the opportunity to work with our nation's credit union leaders to advocate for credit unions and build on our strong cooperative model."
Woods has more than 25 years in credit union executive management, with over 13 at the large credit union CEO level. His governance experience is extensive and includes board service and chairmanship of a major metro chamber of commerce, a state credit union league, a regional corporate credit union and several years' service on the CUNA Advocacy Committee.
His three main priorities for candidacy and service to CUNA include:
- Target, advance and achieve regulatory relief for credit unions.
- Promote retailer accountability for member and data security.
- Strengthen the brand and relevance of the credit union model.
The election ran from July 5, 2017 to August 11, 2017. Woods' term will run through the 2019 CUNA annual general meeting.
About South Carolina Federal
South Carolina Federal Credit Union is headquartered in North Charleston, South Carolina. More than 150,000 members own and belong to the not-for-profit financial cooperative, which has over $1.6 billion in assets. South Carolina Federal has 20 financial centers and ATMs throughout Charleston, Columbia and Georgetown. More information about South Carolina Federal can be found at scfederal.org.