St. Pius X Federal Credit Union Names New President

SPXFCU is happy to announce that Adam Amesbury has been promoted to President and CEO of the Credit Union while also wishing Ann Hynes the best of luck in retirement.

ROCHESTER, NY, April 25, 2023: St. Pius X Federal Credit Union (SPXFCU), has announced the  promotion of current Chief Information Officer (CIO), Adam Amesbury, to President and CEO  effective May 1, 2023. The announcement comes following a national search to find a successor  to current president, Ann Hynes, who is retiring following 33 years of service to the  organization, 28 as President.  

The SPXFCU staff and Board of Directors have expressed enthusiastic support for Amesbury’s  promotion, citing his exceptional leadership skills, dedication to excellence, and proven track  record of success since joining the Credit Union in 2003. They are confident that Amesbury will  continue to drive the Credit Union forward and maintain the high standards set by his  predecessor.  

“Adam was selected from a very qualified candidate pool because of his vision for the Credit  Union and the leadership he has shown throughout his nearly two decades with SPXFCU,”  remarks SPXFCU Board Chair, Sue Leicht. “This organization is in his blood and no matter the  task presented, Adam takes control and runs with it. We are proud to have Adam as the new  face of SPXFCU, not only with our staff and members, but throughout the community as he  works to ensure our mission continues to grow in the years to come.” 

In his new role, Amesbury will be responsible for overseeing all day-to-day operations, strategic  planning, and resource management, and will work closely with the Board of Directors and  management team to ensure that SPXFCU remains competitive and well-positioned for future  growth.  

Retiring President and CEO, Ann Hynes, joined SPXFCU in 1990 as the Assistant Manager.  Subsequently, in December 1995, she was appointed Manager of the branch by the Board of  Directors after a brief stint as Acting Manager. As the leader of the Credit Union, Hynes played  a vital role in the rise in assets from $14.5 million in 1995 to $95.5 million in 2022 as well as  loans growing from $12 million to $66.5 million in the same period. Furthermore, Hynes also  established online banking at the Credit Union, led the acquisition of shared branching, and  began a new Mastercard debit card program during her tenure. 

Leicht, who joined the Board in 2002 and has served as Chair since 2005, expressed gratitude  towards Hynes and acknowledged her contributions saying, “I would like to personally thank  Ann for all her contributions to SPXFCU over her tremendous tenure as President and CEO.  Having served more than 7,000 members, Ann oversaw the growth of SPXFCU into a full-service  Credit Union that delivers excellent, quality banking services. I am honored to have worked so  closely with her for much of her tenure and wish her the best in retirement.” SPXFCU would once again like to congratulate Adam Amesbury on his well-deserved promotion  as well as wish Ann Hynes nothing but the best as she begins a new chapter in her life. Under  the guidance of Amesbury, SPXFCU will continue its mission of putting members first, and looks  forward to continuing its celebrated growth which was well established under Hynes.