The National Credit Union Foundation board today named credit union system veteran Wendell "Bucky" Sebastian as the charitable organization's new executive director, effective June 14th. Sebastian is well known within the credit union community, having spent 20 years as CEO of Tampa-based GTE Federal Credit Union. He also was executive director and general counsel of the National Credit Union Administration from 1981-1985 during Edgar F. Callahan's tenure as chairman. After his service at NCUA, Sebastian co-founded Callahan & Associates, a credit union consulting firm. He is also a former general counsel of the Illinois Department of Financial Institutions.
The executive director position had been vacant since the departure in December of Steve Delfin, who left to become CEO of America's Charities. The National Credit Union Foundation has been run on an interim basis by Managing Administrative Director Tom Candell while an executive search process was conducted.
As executive director, Sebastian will manage the Foundation's eight-member staff, cultivate and maintain relationships with the credit union system's donor constituency, seek grants for program priorities and foster initiatives that further the NCUF's development goals. He will be based in the Foundation's Washington, D.C. office.
"I am thrilled to have been selected for this position," said Sebastian. "I believe the Foundation is one of the absolute gems in the credit union system, and I welcome this opportunity to polish it even brighter."
Sebastian has a Bachelor of Science in Advanced Scholastic Philosophy from Loyola University of Chicago, holds a Doctor of Jurisprudence from Loyola and completed the program for senior managers in government at the John F. Kennedy School at Harvard University. He has served on the boards of the Federal Reserve Bank of Atlanta, CO-OP Financial Services and has chaired the boards of National Center for Member Trust and the Tampa Firefighter's Museum.
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