San Antonio, TX – September 23, 2019 – Generations Federal Credit Union (GFCU) Board Chair Rosalie Manzano announced the appointment of Ken Raymie to the position of President and CEO. As CEO, Raymie will oversee all credit union lines of business and support departments. “The Board of Directors wishes to maintain the positive momentum that Generations has attained. We look forward to working in partnership with Ken, the executive team and associates toward long-term credit union success,” stated Manzano.

Ken brings more than 25 years of experience, previously serving as Executive Vice President/Commercial Banking Manager and Executive Vice President/Chief Revenue Officer at other financial institutions. He has been with Generations since 2014, most recently as Chief Operating Officer.

Ken is a graduate of Leadership San Antonio Class 33, Leadership Lab and in 2005 was named a “40 Under 40” by the San Antonio Business Journal. He sits on the Board of Directors of the North San Antonio Chamber of Commerce, SAMMinistries and The 100 Club of San Antonio.

About Generations Federal Credit Union

Generations Federal Credit Union (GFCU) is a member owned, community grown financial cooperative founded in 1940 to serve employees of the City of San Antonio, with membership expanding to include SA Fire Department and SA Police Department. GFCU now serves over 50,000 Consumer and Commercial members through 14 branch locations and virtual banking services, and holds $525 million in assets. Members enjoy competitive dividend and loan rates with low fees, and nationwide access through shared branching and electronic services. GFCU seeks to enhance the quality of life throughout its eight-county Field of Membership by promoting financial well-being, as well as through supporting and volunteering with community-serving organizations.

Membership eligibility is open to individuals who live, work, volunteer, and worship or attends school, or owns a business in Atascosa, Bandera, Bexar, Comal, Guadalupe, Kendall, Medina and/or Wilson County, Texas. Companies of all sizes can join Generations for their business banking needs; and may offer Generations membership as a benefit to their staff.