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Securityplus Federal Credit Union selects Mike Barr as Chief Executive Officer

Baltimore, MD (January 31, 2025) |

The Board of Directors of Securityplus Federal Credit Union is proud to announce the appointment of Mike Barr as the credit union’s new Chief Executive Officer. Mike Barr is a visionary, veteran CEO uniquely positioned to lead the credit union into the future. He starts on February 3rd.

“We are pleased to announce the selection of Mike Barr as Chief Executive Officer. Mike brings an impressive track record of leadership and innovation and was recently recognized as a 2023 Credit Union Rock Star by Credit Union Magazine for his exceptional creativity, innovation, growth, and passion," said Barbara G. Cuffie, Board Chair. "His extensive experience in credit union operations, demonstrated through multiple facility expansions, technology conversions, and CDFI grants, makes him the ideal candidate to lead our organization forward. Mike's commitment to community development and his strategic approach to organizational growth align perfectly with our vision for the future."

Mike Barr brings over 15 years of credit union leadership experience to his new role as Chief Executive Officer of Securityplus Federal Credit Union. He previously served as President/CEO of Commodore Perry Federal Credit Union, where he led significant asset growth, implemented community development initiatives, and secured over $3.5 million in grants to support low-income lending. Barr’s extensive expertise in governance, strategic planning, and regulatory compliance, combined with his passion for creating opportunities for members and communities, positions him to drive Securityplus FCU’s mission forward and expand its impact.

“I’m incredibly honored to join Securityplus Federal Credit Union as CEO, and I am excited to work with our dedicated team and Board to continue building lasting relationships with our members.  Together with our team, I look forward to strengthening those relationships, elevating our team member experience, and expanding the Securityplus impact in our communities."

The search was completed in partnership with Humanidei. Humanidei brings decades of credit union system experience to the recruiting process, ensuring executive placements that will carry organizations forward in fulfillment of their mission and strategic visions. www.humanidei.com.

 

Mike Barr is the new CEO at Securityplus Federal Credit Union.

Securityplus Federal Credit Union

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