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Franklin Mint Federal Credit Union

Leon Spencer Elected Franklin Mint Federal Credit Union Board Chairman

September 10, 2020

Leon Spencer

Chadds Ford, PA — Franklin Mint Federal Credit Union (FMFCU) announced the election of Leon Spencer to chairman of its board of directors. He previously served as vice chairman since 2018.

Spencer presently serves as School To Career Specialist at The Technical College High School Pennock’s Bridge Campus in West Grove, PA.

“Leon has already contributed to our success as a board member,” said President and CEO Michael B. Magnavita, CPA. “Having him as board chairman ensures his outstanding leadership and decision-making skills will guide us moving forward.”

Spencer currently serves as member of the Council of Trustees at Cheyney University, president of the Chester County School Authority, and board member of the Chester County Regional Educational Service. He is the former mayor of the Borough of Kennett Square.

Spencer earned his bachelor’s degree at Muskingum University in Ohio and did graduate studies at Westminster Choir College in New Jersey.

“I appreciate the opportunity to serve on the board of this high caliber organization,” noted Spencer. “FMFCU has a proven commitment to serving its members, promoting financial literacy, and to overall educational endeavors. In my new role, I hope to make positive contributions to our bright future!”

Spencer resides in Kennett Square, PA.

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