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Jad Malek Named Vice President of Retail Operations for Arkansas Federal Credit Union


JACKSONVILLE, Ark. (June 6, 2018) – Jad Malek, who spent 16 years with Wells Fargo Bank, most recently as regional banking area president for Utah, has been named vice president of retail operations for Arkansas Federal Credit Union.

Malek will help develop Arkansas Federal’s strategic vision and foster the talent and skills of employees serving in retail operations to ensure excellent member service at all levels. At Wells Fargo, Malek started as a teller and worked his way up to branch manager before being named regional banking district manager for Arizona.

As area president for Wells Fargo’s Utah operations, Malek led a network of more than 50 branches. His work ethic attracted the attention of Arkansas Federal Senior Vice President and Chief Operating Office Martin Schrodt.

“When we set out to hire a vice president of retail, we had three key goals we were trying to achieve,” he said. “Can they lead? Can they develop and train people? Can they make an impact on our organization with strong values and beliefs around an exceptional member experience? Jad has consistently shown his value through results and the hard work of developing associates.”

“I had a lot of choices in terms of locations and financial institutions,” Malek said. “Being part of a growing and dynamic credit union where the emphasis is on making a difference for the lives of our members and employees is what attracted me to Arkansas Federal. The culture here is a great fit for me, and I can’t wait to start meeting our members and employees and really understanding how I can help make a difference.”

Arkansas Federal Credit Union is the largest financial cooperative and one of the largest financial institutions in Arkansas with more than $1.1 billion in total assets and more than 280 employees. Arkansas Federal has 14 branches throughout Arkansas, which serve more than 100,000 members. #OpenToAllArkansans

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