Service Credit Union President/CEO Takes Over as AFFN Chairman

PORTSMOUTH (January 25, 2011) – Service Credit Union President/CEO Gordon Simmons was recently elected as Chairman of the AFFN (Armed Forces Financial Network) Board of Directors at the January 2011 Annual Meeting. He succeeds outgoing Chairman Greg Oveland for a two-year term.

Simmons has served on the AFFN Board of Directors since 1997. During his tenure he has held the positions of chairman, vice chairman and audit committee member along with being an active volunteer member.

According to AFFN representatives, Simmons represents the true spirit of volunteerism, serving numerous other leadership roles within the state and national credit union movement as well as his local communities both stateside in New Hampshire and in Germany. He also served his country in the Army Finance Corps with specific expertise in Finance Plans and Operations.

“I look forward to the continued success of AFFN on behalf of all AFFN participants. The spirit of cooperation between military banks and defense credit unions is ever present at the Board level and within our participant base. We are focused on our mission and will continue to manage the strategic plan developed by the Board of Directors and their management team,” says Simmons.

Simmons has more than 40 years of credit union experience including 36 years with Service Credit Union. He graduated from the University of Maryland with a bachelor’s degree in Business and the University of Utah with a Masters in Business Administration in Quantitative Analysis. He is the immediate past chairman and currently serves as a board member of the Defense Credit Union Council and is also a past board chairman of the New Hampshire Credit Union League. Mr. Simmons also serves as chairman of the Board for the America’s Credit Union Museum.

Service Credit Union is a full service financial institution, offering a wide range of financial products to its members. With 35 branch locations including two staffed 24/7 contact centers, and full internet banking services, Service Credit Union serves anyone who lives or works in New Hampshire (excluding Coos County), 4 towns in Cape Cod, MA., and all branches of the U.S. Military and Department of Defense employees and their families. With over $1.7 billion in assets, Service Credit Union has 18 branches in New Hampshire, one in Massachusetts, and 16 branches on U.S. military bases in Germany.