Chadds Ford, PA- Franklin Mint Federal Credit Union (FMFCU) announced the promotion of Allan C. Stevens, chief credit officer, to senior vice president and David MacMillan to president and CEO of State Financial Network, LLC (SFN), a wholly-owned Credit Union Service Organization delivering mortgage lending and expert servicing to credit unions nationally
Stevens, formally vice president, will continue managing consumer, mortgage, and business lending while also now serving on the SFN board of directors. He is a member of the Experian credit union advisory council and Credit Union National Association lending council.
MacMillan, previously vice president of SFN, will now oversee all components of strategic planning and operations for SFN. He is also on the board of directors of CU Settlement Services, LLC, a full-service title insurance agency that offers title and escrow services to the public, financial institutions, construction and real estate industries, and other lenders.
“Allan and David have contributed greatly to the growth of our lending portfolios and product offerings,” said President and CEO Michael B. Magnavita, CPA. “Their vision and expertise are incredible assets to FMFCU and SFN in meeting the borrowing needs of credit union members.”