Eglin Federal Credit Union‘s board of directors has appointed Cathie Staton as the new president and CEO, effective Oct. 28, 2024. Staton succeeds Jerry Williams, who is retiring after 30 years with the credit union, including 10 years as president and CEO.
During Williams’ tenure, Eglin FCU experienced significant growth, with assets increasing by over $1 billion to nearly $2.9 billion and membership reaching 124,000 worldwide.
Williams is known for his involvement in local chambers of commerce, economic development councils, and nonprofit organizations. He also served as an Honorary Commander, 24SOW, Hurlburt Field and as a Civic Leader, 33FW, Air Education and Training Command.
- His support of local military installations earned him the General Lewis H. Brereton Award from the Air Force Association Hurlburt Chapter.
Board Chair Dan McInnis expressed gratitude for Williams’ service and enthusiasm for Staton’s appointment. “The Board would like to thank Jerry for his dedication and years of service advancing Eglin Federal Credit Union’s mission, and we are excited to announce the appointment of Cathie Staton as our new President/CEO,” McInnis stated.
Staton brings extensive experience to her new role, having worked at Eglin FCU for over 35 years. For the past two years, she has served as Executive Vice President, leading strategic planning and project management. Her accomplishments include spearheading the 2019 brand refresh and expanding the Field of Membership into Walton, Santa Rosa, and Escambia Counties.
With 22 years on the executive team, Staton has overseen various departments, including Marketing, Membership, Community Development, and Risk Management. Her experience also includes 15 years in Branch Operations, during which she opened the South Crestview Branch in 1989 and the Bluewater Bay Branch in 1997.
- McInnis expressed confidence in Staton’s leadership, saying, “I know that Cathie’s leadership will continue to advance Eglin FCU as a leader in our industry offering unparalleled service to satisfy the needs and financial well-being of our members and employees.”
A 37-year resident of Niceville, Florida, Staton is active in her community as a member of Crosspoint Church, where she has led a Women’s Bible Study for over 12 years. She holds a Bachelor of Science degree in Business Management from Salisbury State University in Maryland and a master’s degree in business management from Troy University. Staton has completed NAFCU’s Management Development Institute and holds national certifications in Compliance and Risk Management.
Staton expressed enthusiasm for her new role, stating, “I am thrilled to have been selected as the next President/CEO of Eglin Federal Credit Union, and I’m looking forward to working with the board, volunteers, and team to build on the successes of my predecessors.”
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