ALEXANDRIA – Paul Allbritton was named manager of the Baptist Employees of Louisiana (BEL) Credit Union at a specially called board of trustees meeting July 27.
“We were drawn to him primarily because we felt he was the right person for the job,” said Arnold Norsworthy, chairman of the search committee. “Through education and work experience, he’s well-suited to credit union work.”
[img_assist|nid=6612|title=Paul Allbritton|desc=|link=none|align=left|width=100|height=67]Allbritton, a 1991 LSU graduate, has held three positions at credit unions since 1988: Alexandria USDA Credit Union in Pineville, where he was vice president of lending until 2006, when he joined the Willis-Knighton Federal Credit Union in Shreveport as president/CEO. Three years later, in October 2009, he moved to the Heart of Louisiana Federal Credit Union in Pineville, (formerly Alexandria USDA FCU) where he was collections manager.
“We need someone of his caliber to lead the credit union,” said Ray Ford, chairman of the BEL Credit Union board of directors. “We want to be the credit union that best serves our constituents. We’re not interested in being the biggest. We’re staying true to our charter.”
BEL Credit Union was organized in 1975 for Louisiana Baptist employees and their families, Ford explained. This includes all employees of a Baptist church that contributes to the Cooperative Program, or a Baptist entity affiliated with the Louisiana Baptist Convention. In addition, if a church affiliated with the LBC makes application, anyone who belongs to the church can be a member.
BEL Credit Union offers savings accounts, IRAs, CDs, personal loans, auto loans, share draft (checking) accounts and Christmas Club accounts. Call 800.622.6549 for more information. Faye Welch has been account executive since 1992.
“We feel this [credit union] is a ministry more than a business,” Ford said. “It has to be a business but we want it to be a business that ministers to our constituents.”
Allbritton said he made his career in the credit union industry because “I love the work they do. This is a great opportunity to be able to lead this credit union; it has a lot of potential for growth.
“I was excited to hear the board of trustees say BEL Credit Union is a ministry,” Allbritton continued. “I feel we’re going to work well together as a great team.”
Allbritton’s start date is to be Aug. 23.