Movers and Shakers: Manatee Community Federal Credit Union Announces New President, Sherod Halliburton

Manatee Community Federal Credit Union has announced the appointment of Sherod Halliburton to President effective July 1, 2013. He replaces the long standing President Cindy Barco who retired after thirty-five years of exemplary service. Mr. Halliburton has been employed by MCFCU as Executive Vice President since February 2012. Prior to that Mr. Halliburton served as the Executive Director for the Bradenton Central Community Redevelopment Agency (CCRA) for over seven years. 

While at the Bradenton CCRA Halliburton was instrumental in launching three key economic development organizations – the Central Economic Development Center, the award winning CareerEdge Funders Collaborative, and Suncoast Community Capital. All three organizations have thrived and have filled very important gaps in economic and community development programming in Manatee and Sarasota Counties.

Under Halliburton’s direction, CareerEdge was awarded the President’s Award from the Florida Redevelopment Association which celebrates the number one redevelopment project in the state of Florida. More recently CareerEdge was honored with the Exemplary Collaborative Award from the National Fund for Workforce Solutions given to the top National Fund sites in the country.

“Mr. Halliburton has connections deeply rooted in the community and provides the credit union the ability to deliver financial services and programs that are much needed by our members,” said Vin Foderingham, MCFCU Chief Financial Officer and Board Member. “The credit union has a great future ahead of it and with Sherod’s leadership there’s no doubt that we will reach another level of success. We certainly thank Cindy Barco for her exemplary service over the years and wish her well in her retirement.”

Manatee Community Federal Credit Union was founded as Tropicana Employees Federal Credit Union in 1958. Halliburton’s relationship with MCFCU dates back to 2007 when he was the first non-Tropicana employee ever appointed to the board of directors where he served with distinction for five years. Mr. Halliburton was instrumental in the transformation of MCFCU from exclusively serving Tropicana Employees into one of only three credit unions in Florida designated by the U.S. Treasury Department as a Community Development Financial Institution. This designation recognizes MCFCU’s commitment to providing quality and specialized financial serves to underserved consumers throughout Manatee County.  

“It’s evident that Sherod has a way with making positive changes with all that he undertakes. He has a proven track record as a result of his forward thinking and vision. I am confident that within the credit union movement he will continue this pattern which can only enhance the lives of our MCFCU members, their families and our community,” says Cindy Barco, retiring MCFCU President.