Former Tampa-based GTE FCU CEO Bucky Sebastian has been named the new executive director of the National Credit Union Foundation. Sebastian's vast credit union experience made him a natural choice for the position. He is well known within the credit union community, having spent 20 years as CEO of GTE FCU. as well as executive director and general counsel of the NCUA from 1981-1985 during Edgar F. Callahan’s tenure as chairman. After his service at NCUA, Sebastian co-founded Callahan & Associates, a credit union consulting firm. He is also a former general counsel of the Illinois Department of Financial Institutions.
“Bucky is an innovator whose breadth of experience, deep understanding of the credit union movement, and passion for our mission make him the ideal choice to take the Foundation to new and higher levels of success,” said NCUF board Chairman Allan Kemp McMorris, CEO of Oakland County Credit Union, Waterford, Michigan.
As executive director, Sebastian will manage the Foundation’s eight-member staff, cultivate and maintain relationships with the credit union system’s donor constituency, seek grants for program priorities and foster initiatives that further the NCUF’s development goals. He will be based in the Foundation’s Washington, D.C. office and begins his duties June 14.