Rick Skaggs Re-Elected Credit Union Industry Chairman, Featured Across Major Business Journals

TAFTVAR#cu_full_name#TAFTVA President & CEO Rick Skaggs is bringing the credit union perspective to some of the nation’s most influential business markets.

Following his re-election as Chairman of the Board of Directors for the League of Credit Unions & Affiliates for the 2026–2027 term, Rick was featured in the Tampa Bay Business Journal, Washington Business Journal, and Orlando Business Journal.

As Chairman, Rick helps lead advocacy efforts representing 368 credit unions and 33.8 million members across Florida, Alabama, Georgia and Virginia—giving him a broader platform to champion the cooperative financial model and the people it serves.

Championing the Credit Union Difference

In his thought leadership accompanying the announcements, Rick shared why the credit union model continues to matter in today’s financial landscape:

“At a time when consumers are seeking greater value, trust and accountability from financial institutions, the credit union model continues to provide a distinctive approach. Credit unions are member-owned financial cooperatives built to serve people rather than shareholders. That structure encourages a long-term focus on financial wellbeing, access, education and community investment.” - Rick Skaggs, President & CEO, USF Credit Union

The Ideas Behind the Model

Rick highlights several defining principles of cooperative finance:

• People over shareholders. Credit unions are member-owned cooperatives, allowing earnings to be returned to members through competitive rates, lower fees and other financial benefits.
• Investment in communities. Member deposits help support lending for homes, businesses and other needs—keeping the cooperative model connected to the communities it serves.
• A stronger collective voice. Collaboration across states gives credit unions a unified platform to advocate for their members and protect access to cooperative financial services.

Rick’s visibility across the Tampa Bay, Washington and Orlando business communities reflects the expanding reach of USF Credit Union and the role its leadership is playing beyond our own organization.

Please join us in congratulating Rick on his election as Chairman and this opportunity to represent the credit union movement on a broader stage.