SECU CFO Named to MCEE Board

Steve Arbaugh, Chief Financial Officer and Senior Vice President of Finance at SECU – Maryland’s largest credit union, has been elected to the governing board of trustees of The Maryland Council on Economic Education (MCEE).

MCEE is a nonprofit organization dedicated to improving economic and financial literacy in Maryland schools, grades K-12. For more than 60 years, MCEE has worked to assure that the state’s school children leave high school equipped with the economic and financial literacy knowledge and decision-making skills to make informed, rational decisions as consumers, workers, citizens, savers, investors, and participants in the global economy.

“The board of MCEE cares immensely about ensuring that young Marylanders are prepared to be financially capable participants in our economy,” says Mary Ann Hewitt, MCEE Executive Director. “Steven will contribute to the advancement of our organization with new ideas and improvements from a different and knowledgeable perspective.”

SECU has a long history of working with young adults around the issue of financial literacy. Among its many initiatives, SECU currently supports three Millionaire’s Clubs, a high school financial literacy program, and its annual State Employee Scholarship Program.

Before joining SECU seven years ago, Arbaugh spent 30 years working for Provident Bank of Maryland. He currently holds leadership positions on several different boards, including Vice Chairman of the Executive Committee of the Credit Union National Association’s CFO Council and Chairman of the Council’s Regulatory Committee. He also serves on the Advisory Board of the Towson University College of Business and Economics and is an honorary member of the Beta Gamma Sigma international honor society.

A recent recipient of Baltimore SmartCEO Magazine’s CFO Executive Management Award, Arbaugh earned his Bachelor of Science degree in Business Administration from Towson University and his Master of Finance degree from Loyola University.

For more information, visit www.secumd.org.

ABOUT SECU

Founded in Baltimore in 1951, SECU is the largest state-chartered credit union in Maryland, with over 230,000 members. SECU is ranked among the top 50 credit unions for total assets in the U.S. As of June, 2015, assets were $2.8 billion. Headquartered in Linthicum, MD, SECU has 22 branches and 106 ATMs throughout Maryland. SECU also provides access to over 72,000 free ATMs through the CO-OP and Allpoint networks. For more information about SECU, visit www.secumd.org.