ValleyStar Credit Union Looks to the Future with New Interim CEO

CONTACT:
Becky Freemal, VP of Brand
Phone: 540.488.5799
beckyf@valleystar.org

Martinsville, Virginia (March 5, 2021) – ValleyStar Credit Union is pleased to announce Lisa Lambrecht as its interim chief executive officer (CEO) to lead the credit union as it rises to meet the expectations of digital transformation and innovation. As the former CEO of Entrust Financial Credit Union in Richmond and more recently as the executive vice president of ValleyStar, Lisa brings 20 years of experience serving credit unions.

“ValleyStar will benefit from Lisa’s proven track record of strengthening the financial health of organizations and improving both employee and member engagement,” said Douglas Nunn, the ValleyStar Board Chairman. “ValleyStar takes service and the trust of its members seriously and Lisa continues to strengthen the credit union’s ability to meet member needs.”

In her years as a financial services executive, Lisa has expanded market opportunities and uncovered significant cost savings. She has a proven track record in developing strong teams and leading through change. Her commitment to those around her expands beyond the walls of the credit union, as she serves on various boards and committees, including the Virginia Credit Union League, Vizo Financial Corporate Credit Union and co-founded the Global Women’s Leadership Network Virginia Sister Society.

“Cultivating meaningful relationships provides the strength and flexibility for ValleyStar to grow into the future. We have heard our members - their needs and expectations - and we are committed to bring the technology banking offers while remaining passionate about reinforcing the relationships we have built here at ValleyStar,” said Lambrecht.

Lisa holds a Bachelor of Science degree in business and accounting from Old Dominion University and a Master of Business Administration from the Keller Graduate School of Management of DeVry University.

The leadership change at ValleyStar comes as former CEO, Delbert Lee Morgan, departs the credit union to take a CEO position in his home state of Florida.

Since 1953, the ValleyStar team has guided, educated and stood by its members to make banking and managing your finances as easy and convenient as possible. The Credit Union is more than $550 million in assets, serving cities and counties in Virginia and North Carolina.

ValleyStar is a full-service financial institution that offers consumer and commercial products and services. Headquartered in Martinsville, Virginia, ValleyStar operates digital banking services and seven physical branch locations in Collinsville, Danville, Martinsville, Richmond, Roanoke, Rocky Mount and Waynesboro, Va. and a loan center in Fishersville, Va. For more information, visit valleystar.org. We speak your language.