NEWPORT NEWS, Va., May 3, 2024 /PRNewswire/ -- BayPort Credit Union
has announced key leadership promotions within the organization.
Chief Operations Officer Jennifer
Coyne and Chief Financial Officer Lewis Smith, respectively, have been promoted to
Executive Vice President positions.
Both Coyne and Smith have exhibited outstanding leadership and
expertise. Their contributions to BayPort have led to the credit
union's continued growth and success.
"Jennifer has been instrumental in streamlining our operations,
optimizing efficiencies, and driving growth and innovation across
our business. Likewise, Lewis has consistently demonstrated
unparalleled financial judgement guiding us through periods of
growth and ensuring the financial health of our organization. I am
confident their continued leadership will propel our credit union
to even greater heights," said Jim
Mears, President/Chief Executive Officer.
These promotions follow the recent retirement of Stan Leicester, who has served as Executive Vice
President since 2019. Leicester's retirement comes after 41 years
of distinguished service and faithful dedication to BayPort and the
credit union movement.
Coyne has been with BayPort for more than 15 years, most
recently serving as Chief Operations Officer since her promotion in
2019. Coyne is a banking professional with more than 30 years of
experience in commercial lending, business development, client
relations, branch management, and loan underwriting.
Smith has been with BayPort for more than 20 years, most
recently serving as Chief Financial Officer since his promotion in
2019. Smith has more than 30 years of experience in financial
reporting, asset liability management, budgeting, profitability
reporting, and other financial analyses.
BayPort is pleased to announce these promotions, effective
immediately.
About BayPort
In 1928, 12 shipyard workers from
Newport News Shipbuilding formed an organization with a specific
purpose as a low-interest source of loans and a trusted place to
deposit money. Today, BayPort Credit Union is rated a Superior
5-Star Credit Union by Bauer
Financial, managing $2.4 billion in
assets and servicing 152,000 individuals and businesses with 28
branch locations across the Virginia
Peninsula and Southside
communities.
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SOURCE BayPort Credit Union