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Veteran Credit Union CEO Virginia Williams Resigns from Mid-Atlantic Corporate Board

Term to Be Filled by Alison DeTuncq, Member of Corporate’s Supervisory Committee

Middletown, Pa. (Jan. 7, 2013) – Mid-Atlantic Corporate Federal Credit Union announced that  Virginia Williams, Chief Executive Officer of Jersey Shore Federal Credit Union in Northfield, N.J., has resigned from the Corporate’s Board of Directors, effective Dec. 31, 2012. The Board has appointed Alison DeTuncq, President/Chief Executive Officer of University of Virginia Community Credit Union in Charlottesville, Va., to fill Williams’ position as of Jan. 1, 2013. With the appointment of DeTuncq, the board now has credit union representation from Virginia; Mid-Atlantic Corporate and VACORP merged operations in February 2012.

Williams served on the Mid-Atlantic Corporate Supervisory Committee from November 2005 to October 2006, when she was appointed to the board of directors. Among her board assignments, she served as Membership Officer and Chairman of the Policy Review Committee.

Williams’ credit union career spans more than 40 years. Prior to becoming CEO of Jersey Shore FCU in 1986, she served with Bridgeton Onized Federal Credit Union in Vineland, N.J., working her way up from Teller to Manager. Later, she served as a board member at the credit union.  She also served on the Federal Reserve Credit Union Advisory Council and was President of the New Jersey Credit Union League’s Shore Chapter.

DeTuncq has served on Mid-Atlantic Corporate’s Supervisory Committee since December 2011 and will continue to serve on the committee, along with her duties as a Director. DeTuncq began her credit union career in 1988 with UVA Community Credit Union, holding positions as Branch Manager and VP of Operations before being promoted to President/CEO in 1998.

“Virginia has been a valuable part of Mid-Atlantic Corporate and our board of directors for nearly 10 years,” said Jay Murray, President/Chief Executive Officer of Mid-Atlantic Corporate. “We welcome Alison in her new role. Given her background and prior experience on the Supervisory Committee, we know she will be an asset to the board.”

About Mid-Atlantic Corporate Federal Credit Union
Mid-Atlantic Corporate Federal Credit Union and its members have been well-served by a conservative financial management approach.  It is a federally chartered corporate credit union that provides quality investment, lending and payment services to a national field of membership.  Mid-Atlantic Corporate serves CUSOs, leagues, chapters, and more than 800 credit unions.  Services include ALM, ACH, share draft processing, electronic bill payment, remote image capture and more.  For more information, visit www.midatlanticcorp.org.