John D. Unangst, President and CEO of the Broomall-based Franklin Mint Federal Credit Union, was selected as CEO of the Year among credit unions with $250 million-plus in assets by the National Association of Federally-Insured Credit Unions.
“The board of directors, management team, and employees congratulate John Unangst on receiving this prestigious award,” said Patrick Killian, FMFCU chairman of the board. “His exemplary leadership and ardent dedication to FMFCU and the credit union movement have been inspiring.”
Over 40 years, Unangst has led the growth of FMFCU from one branch with less than $1 million in assets to 40 branches and $1 billion in assets. Only five percent of all credit unions are over the $1 billion milestone.
Unangst also led the formation of two Credit Union Service Organizations that continue impacting the credit union industry. In 1986, FMFCU formed State Financial Network to offer mortgages and services to other credit unions and their members. More recently in 2013, the Credit Union Network for Financial Literacy was created to offer The Berenstain Bears Financial Literacy Program to credit unions.
“I will be accepting this award on behalf of the dedicated and talented employees of FMFCU,” said Unangst. “It is because of their exceptional hard work this award is even possible.”
Unangst is a graduate of Penn State and was a decorated Captain in the U.S. Army.