KENSINGTON, Md.–Signal Financial Credit Union has named a new president and CEO.

The $392.4-million Signal Financial said it has selected Kenyada Cahoon to lead the organization, succeeding Francois Verleysen, who served as president and CEO from 2014 through his recent retirement.

Cahoon joins Signal from Democracy Federal Credit Union where he served as CEO beginning in January 2019. He has more than 30 years of experience in the financial services industry, having previously also held leadership positions at the National Institution of Health Federal Credit Union, UNIFY Financial Credit Union, and American Spirit Federal Credit Union. 

In addition to his work experience, Cahoon serves as a board member for the Credit Union Mortgage Association.

Looking to Drive Growth

In a statement, Cahoon said he looks forward to driving growth, engaging with local businesses and communities, and further driving a strong member experience that “ultimately supports its members in taking ownership of their financial journey.”

The credit union has approximately 22,500 members. 

The search was handled by Cowen Partners.