FORT WASHINGTON, Pennsylvania — The members of the Board of Directors of the Pennsylvania Credit Union Association (PCUA) elected Richard F. Stipa, CEO of TruMark Financial, as Chair of the PCUA Board of Directors during its annual reorganization meeting. PCUA is owned by its member credit unions and is governed by a nine-member board, elected by, and from, affiliated credit unions across Pennsylvania.

Stipa currently serves as a board director representing credit unions with total assets more than $250 million. As a member of the board, he has served as Chair of the Audit and Government Relations Committees. Stipa also served as a director of the Pennsylvania Credit Union Foundation Board.

Stipa is a Director and Board Chair for Campaign for Working Families, Inc., the Chair for the Credit Union Advisory Council of the National Association of State Credit Union Supervisors, and sits on the Credit Union National Association Credit Union Legislative Action Council’s Board of Trustees.

Previous affiliations include member of the United Way’s Income Vision Council, member of the Federal Reserve Bank of Philadelphia’s Community Depository Institution Council, member of the Pennsylvania Credit Union Association’s iBelong Task Force and Election/Dues Taskforce, member of the Credit Union National Association’s State Subcommittee, member of PSCU’s Strategic Planning Committee, and a member of the Pennsylvania Gubernatorial Transition Team.

A graduate of Ursinus College with an MBA degree from Drexel University, Stipa has been with TruMark Financial Credit Union since 2001.