KENSINGTON, Md.— The $400-million Signal Financial FCU has named Kenyahda “Ken” Cahoon president and CEO.
Cahoon joins Signal from Democracy Federal Credit Union where he served as CEO since January 2019. Cahoon succeeds Francois Verleysen, who served as president and CEO of Signal Financial since 2014. Verleysen retired from the organization in January 2025, the CU said.
Cahoon brings more than 30 years of experience in the financial services industry to Signal Financial, having previously held leadership positions at the National Institution of Health Federal Credit Union, UNIFY Financial Credit Union, and American Spirit Federal Credit Union, among others. In addition to his work experience, Cahoon serves as a board member for the Credit Union Mortgage Association, Signal said.
“On behalf of the board of directors, we welcome Ken to Signal Financial Federal Credit Union and are excited for him to take the helm,” stated Andy Mekelburg, chairman of the board. “What stood out to us most was Ken’s passion and commitment to providing superior service to credit union members and local communities. Under his leadership, Signal Financial is poised for an exciting new chapter filled with innovation, growth, and an unwavering dedication to the Credit Union's members.”