President/CEO, Essential Federal Credit Union
Since 2012, Richard Williams has worked as the President/CEO at the Essential Federal Credit Union, located in Plaquemine, LA. Before, he was the CEO at Securityplus Federal Credit Union in Baltimore, MD. and the Senior Vice President/Chief Lending officer at Intouch Credit Union, Plano, TX.
At Securityplus, Richard improved earnings from a $39K operating loss to a $300k profit in 2010. He also established an indirect lending program, instituted member payday loan alternative, and directed the redevelopment of the online banking platform.
When he was at Intouch, Richard increased loan production, implemented new loan origination and collection platforms, implemented online mortgage lending platform, established business lending program, and managed secondary market relationship with Fannie Mac.