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Filene Welcomes Mark Hamid to Prestigious i3 Innovation Program

Aug 28, 2013 by Lewis Wood

Fort Lee FCU executive joins credit union innovators in creating products, services, business models and processes
that transform the financial lives of consumers.

August 27, 2013, Prince George, VA & Madison, Wis. – Filene Research Institute welcomes Mark Hamid to it’s i3 innovation program, which fosters the development of new ideas and innovations for credit unions. Hamid joins 14 other executives from credit unions and credit union service organizations across the United States and Canada in the program.

Hamid serves a two-year term that kicks off at Filene’s big.bright.minds event this October at Princeton University. Ideas developed in the i3 program since its inception in 2003 have gone on to change state laws, improve the financial lives of millions of consumers, save countless millions of dollars for credit unions and drive new members to the credit union system. Blockbuster ideas tested through Filene’s innovation lab include Prizelinked Savings, Debt in Focus/SavvyMoney, SaveUp, Savings Revolution and minTuition.

“If innovation were simply about ideas, our job would be a lot easier,” says Matt Davis, Innovation Director at Filene. “Making ideas happen requires a rare skill set.”

“We look for credit union professionals who are passionate about fixing problems for consumers, have a track record of breathing life into new ideas, can excite others about their ideas and have the best chance of leading credit unions for the next generation,” said Davis.

“Filene Institute’s i3 program provides the perfect opportunity to express my passion for improving consumers’ lives through unique solutions and positive experiences. I am honored to represent Fort Lee FCU and the credit union industry through my term; I look forward to working with such a talented group of professionals to develop and implement new and innovative concepts,” Hamid commented.

Mark Hamid is Vice President and Chief of Retail Operations at Fort Lee Federal Credit Union. He brings 24 years of combined experience in the credit union and banking industry, holding positions from Teller to VP/SVP of Retail and Business Banking. Hamid’s leadership experience includes sales and service, lending, organizational development, merger and acquisition implementation from branch to regional levels.

Mark earned a Master of Business Administration from Regis University and Bachelor of Science in Finance from the University of South Florida. Hamid is active in the community and serves on various boards. He lives in Midlothian, VA with his wife and three children.

For more information on Filene’s i3 innovation program, including a list of current and past i3 members, visit filene.org/community/i3 or watch this video.

About Filene
Filene Research Institute is an independent, consumer finance think and do tank dedicated to scientific and thoughtful analysis about issues affecting the future of credit unions, retail banking and cooperative finance. Filene is a 501(c)(3) not-for-profit organization. Nearly 1,000 members make the Institute’s research, innovation and impact programs possible.

About Fort Lee Federal Credit Union
Fort Lee Federal Credit Union is a community-chartered credit union headquartered in Prince George, VA. Since 1952, the credit union has provided affordable financial services to the community through checking, savings and loan products to assist the local membership with their financial service needs. Fort Lee Federal Credit Union serves employees of Fort Lee as well as the following independent cities and counties: Colonial Heights, Hopewell, Petersburg, Prince George, Dinwiddie, Chesterfield and Sussex. Questions or comments can be directed to Sarah Marks, Vice President of Marketing and Advertising, via email at sarah.marks@fortleecu.org. For more information on services or membership, visit www.fortleecu.org.

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