The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

CEO of SkyPoint FCU in Maryland retiring

SkyPoint Federal Credit Union in Germantown, Md., said its CEO is retiring.

The $210 million-asset credit union said in a press release that Jim Norris will also retire as president. SkyPoint didn’t identify his successor.

Norris has been SkyPoint’s leader for the past 12 years. He spearheaded a rebranding from Montgomery County Employees FCU in 2018.

Since 2018, SkyPoint has received five community development financial institution (CDFI) grants totaling $4.2 million, along with $7 million in secondary capital from the Emergency Capital Investment Program in 2022.

“While we’ve seen much evolution in the credit union industry over the last 42 years – specifically with technology – it’s the people I’ve worked with along the way that have really made the difference,” Norris said in the release.

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