Scott Woods
President CEO @South Carolina Federal Credit Union
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WORK HISTORY
President CEO @South Carolina Federal Credit Union
Scott Woods is the executive leader of South Carolina Federal Credit Union (SCFCU), one of the largest credit unions in the nation, with over $2.3B in assets and members. SCFCU offers a full-range of financial services including savings and investments, insurance, checking, credit cards, and loans directly or through its subsidiary companies. He advanced progressively through leadership positions at SCFCU as VP-Finance Chief Financial Officer and Chief Executive Officer (2004–present.)Mr. Woods currently provides C-Suite executive leadership to nine direct-report Senior Vice-Presidents, an executive administrative staff, and leads overall accountability for 600+ employees across multi-functional departments and a statewide network of financial centers in every major market.Scott has had proven results in strategic planning and execution, building revenues, increasing net-worth, developing strong member and professional relationships, and establishing solid financial services operations.Noteworthy Achievements:• Transformed a financial center sales culture from “order-taking” into a needs-based service retail delivery model. • Expanded non-traditional financial service offerings by creating a subsidiary to garner new income streams.• Integrated new business units through successful mergers, acquisitions, and spin-off opportunities.• Managed a $1.5B+ institution through the 20••••11 financial crisis without any loss of market share and only 4 jobs lost to layoff (facility closure in remote market).• Managed 2.3B+ institution during 20••••21 COVID 19 Pandemic while growing existing market share and new market expansion and no staff layoffs.
EDUCATION
College of Charleston
Bachelor of Science (B.S.), Accounting and Finance
Auburn University
Master of Business Administration (MBA), Finance
SKILLS
ABOUT SCOTT WOODS
PROVIDING EXECUTIVE LEADERSHIP. To me, that has been my calling for the past 34 years, including as President & CEO of South Carolina Federal Credit Union (SCFCU), a position I have held since 2004.It is an honor to serve our members and lead a team of 650 amazing people. It is humbling that SCFCU has been named a 12th-time winner as one of the “Best Places to Work in SC”.I believe the best leaders are servant leaders. Personally, that means I have the wonderful opportunity, as Robert K. Greenleaf said, to “provide leadership that enriches the lives of individuals and builds better organizations.” It is by working with and through people, that we are best able to achieve our organizational objectives.In addition to my executive leadership at SCFCU, which began in as their Chief Financial Officer, I have served as Chairman of the Board for the following: Charleston Metro Chamber of Commerce, SC Credit Union League, Vizo Financial Corporate Credit Union, Charleston Southern University & Palmetto Cooperative Services.I have had the privilege to be appointed to the Federal Reserve Bank of Richmond’s Community Investment Council, the boards of the Credit Union National Association, PaymentsFirst Electronic Payments Association, SC Financial Solutions and on the Governmental Affairs Committee for the Carolinas Credit Union League.In our local community, it was particularly rewarding to serve as a volunteer for the Carolina Lowcountry Red Cross, the Komen Race for the Cure, and Water Missions International.I consider it an honor to be in a position to provide executive leadership and governance. To successfully serve in this role requires that I bring my skills and experience to bear in the key areas of strategic organizational vision, critical thinking, and collaboration. Effectively doing this, and then seeing the positive, desired results emerge, is what truly inspires me.
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